Ghana: Selection Of Transaction Advisor Does Not Mean ECG Divestiture – Energy Ministry Tells PUWU

Ghana’s Ministry of Energy and Green Transition has responded to concerns raised by the Public Utilities Workers’ Union (PUWU), the umbrella body for power sector workers, regarding the planned appointment of a transaction advisor for Private Sector Participation (PSP) in the country’s power distribution services.

In a statement issued by the Ministry’s Spokesperson and Head of Communication, Richmond Rockson Esq., the Ministry stated unequivocally that the Government of Ghana does not intend to, and will not, sell the Electricity Company of Ghana (ECG).

He maintained that Cabinet approval for Private Sector Participation in the power distribution sector does not amount to a sale or divestiture of ECG.

According to him, the initiative involves the strategic deployment of private sector expertise through multiple concession arrangements aimed at supporting and improving specific operational areas of ECG.

Members of PUWU have hoisted red flags across all operational offices of the Electricity Company of Ghana in protest against the government’s plan to involve the private sector in ECG’s operations.

The union argues that the PSP is unnecessary, citing significant improvements in ECG’s revenue collection and noting that the company is on track in meeting the Key Performance Indicators (KPIs) agreed upon with the Ministry.

However, Richmond Rockson noted that while the Ministry acknowledges significant improvements in ECG’s overall performance since January 2025, critical challenges still persist.

“These challenges continue to threaten the financial sustainability of ECG and the stability of the power sector if not adequately addressed,” he stated.

He added that the Ministry, under the leadership of the Minister for Energy and Green Transition, Hon. Dr. John Abdulai Jinapor, MP, has consistently demonstrated its commitment to PUWU and to broad stakeholder engagement.

According to him, the Ministry has maintained open and constructive dialogue with PUWU and will continue to engage the union to address concerns and resolve outstanding issues.

He called for calm and restraint as engagements continue in good faith.

“The selection of a transaction advisor is a technical and procedural step to properly structure the PSP framework and does not in any way constitute or imply an outright sale of ECG.

“Government remains committed to protecting the interests of workers, strengthening ECG, and ensuring a reliable, efficient, and sustainable power sector for all Ghanaians.”