Energy Minister gives Committee one month to develop ECG privatisation plan
The Minister of Energy and Green Transition, John Jinapor, has inaugurated a seven-member technical committee to spearhead consultations within the power distribution sector and devise a comprehensive plan for the privatisation of the Electricity Company of Ghana (ECG) within a month.
The committee, composed of energy experts and key stakeholders, is charged with crafting strategies to transition ECG to private sector management, with the aim of improving operational efficiency and service delivery.
Speaking to the media after the committee’s inauguration, Mr Jinapor dispelled concerns that the government intends to sell the state-owned electricity distributor outright.
“Let me assure the nation that, we have not decided to sell ECG. Ours is to ensure that we get the private sector involved, and we also want to emphasise local participation,” he stated.
The Energy Minister underscored the importance of a transparent and inclusive approach in the privatisation process, tasking the committee to consult extensively with all relevant stakeholders.
“We want this to be done in a transparent, effective, and responsible way. The committee is supposed to consult all stakeholders, including the workers, staff, unions, consumers, and those who matter,” Mr Jinapor explained.
He further stressed the urgency of the task, pointing to the precarious state of the energy sector.
“We have told them to complete all these exercises within one month. We want a very competitive and transparent process so that we can turn the sector around. The energy sector is bleeding, and if nothing is done in the shortest possible time, the sector will collapse,” he warned.
The committee’s findings and recommendations are expected to chart a new path for ECG’s management, aiming to address long-standing inefficiencies and ensure reliable power distribution across the country.