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The Ministry of Energy and Green Transition has reiterated that the Government of Ghana does not intend to sell the Electricity Company of Ghana (ECG).
In a statement issued on Tuesday, December 30, the Ministry said the Private Sector Participation (PSP) framework approved for ECG is designed to improve operations, not to divest the state-owned utility.
“The Ministry emphasises unequivocally that the Government of Ghana does not intend to, and will not, sell ECG.
The approved Private Sector Participation framework is not a sale or divestiture.
Rather, it involves the strategic deployment of private sector expertise through multiple concession arrangements to support and improve specific operational areas of ECG,” the Ministry said.
The Ministry explained that the recent appointment of a transaction advisor is a standard procedural step, intended to structure the PSP framework efficiently.
“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,” it added.
“Government remains committed to protecting the interests of workers, strengthening ECG, and ensuring a reliable, efficient, and sustainable power sector for all Ghanaians,” the Ministry concluded.
The clarification comes after workers of ECG staged nationwide symbolic protests on December 29, voicing concerns that the appointment could threaten the future of the utility.
While these demonstrations drew attention, the Ministry’s statement emphasizes that the PSP framework is intended to enhance operational efficiency rather than transfer ownership.
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