Ghana: Gov’t To Appoint Transaction Advisor For ECG, NEDCo PSP Before Christmas

The Government of Ghana is expected to appoint a transaction advisor for private sector participation (PSP) in the operations of the country’s two major electricity distribution companies—the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo)—before the Christmas festivities.

This was disclosed by the Chairman of the Technical Committee for Private Sector Participation, Ing. Jabesh Amissah-Arthur, during the official unveiling of the Guiding Framework for the PSP by the Ministry of Energy and Green Transition on Monday, December 15, 2025.

According to him, the government cannot delay the process beyond Christmas, as it has already suffered setbacks.

The Technical Steering Committee was inaugurated in May this year to, among other responsibilities, provide strategic direction for the PSP rollout; gather baseline data, including auditing the PSP deal; coordinate with ECG, NEDCo, regulatory bodies, and transaction advisors; and monitor progress across key milestones.

The Committee was also tasked with reviewing and advising on transaction documents, procurement frameworks, draft agreements, risk-mitigation strategies, regulatory compliance, and stakeholder communication.

Additionally, the Committee was expected to ensure that the procurement of technical, financial, and legal transaction advisors was completed by May 31, 2025, to facilitate the commencement of detailed implementation.

“By September 2025, we anticipated issuing the first phase of the competitive bidding documents for private concessionaires,” Minister for Energy and Green Transition, Dr. John Abdulai Jinapor, said at the time.

Providing details of the work undertaken that culminated in the drafting of the Guiding Framework for the PSP, Ing. Amissah-Arthur noted that the Committee engaged various stakeholders and visited several countries to study their private sector participation models.

He added that the Committee will roll out a nationwide stakeholder engagement exercise to solicit public input and fine-tune the Guiding Framework, ensuring that the most suitable option is adopted.