The Ministry of Energy and Green Transition has responded to concerns by the Public Utilities Workers’ Union (PUWU) over the planned appointment of a Transaction Advisor for the proposed Private Sector Participation (PSP) arrangement at the Electricity Company of Ghana (ECG).
In a statement, the Ministry said the Cabinet, under the leadership of President John Dramani Mahama, approved the PSP policy in April 2025 as part of broader reforms aimed at improving billing and revenue mobilisation, enhancing service delivery, and reducing technical and commercial losses at ECG. While acknowledging that the power distributor has made some performance gains since January 2025, the Ministry noted that lingering operational and financial difficulties still threaten ECG’s long-term sustainability and the stability of the power sector.
The Ministry stressed that the government has no intention of selling ECG, explaining that the PSP model is not a divestiture but a mechanism to draw on private sector expertise through concession arrangements to strengthen selected operational functions.
It reiterated its commitment to continuous engagement with PUWU and urged restraint as discussions progress.
According to the Ministry, the appointment of a Transaction Advisor is only a procedural step to properly structure the PSP framework and should not be interpreted as a move to sell ECG. It assured workers that the government remains committed to protecting their interests while working to secure a reliable and sustainable power supply.
Earlier, PUWU had strongly opposed reports that the government planned to appoint a Transaction Advisor as a precursor to introducing PSP in ECG’s operations, describing the move as “hasty, premature and potentially disruptive to an ongoing internal recovery programme.”
In its statement, the Union said it was taken aback by media reports suggesting that the government intended to begin the transition to PSP through the appointment of a Transaction Advisor, especially at a time when ECG was already implementing a comprehensive turnaround programme agreed with the Ministry of Energy and Green Transition.
PUWU-TUC maintained that the turnaround programme emerged from extensive engagements with the sector ministry and was deliberately crafted to restore ECG through internal reforms, efficiency improvements, and stronger management systems, rather than through privatisation or private sector control.
