ECG is not for sale - Energy Ministry
The Ministry of Energy and Green Transition has clarified that the selection of a transaction advisor for Private Sector Participation (PSP) in the Electricity Company of Ghana (ECG) does not signal a sale or divestiture of the company.
The Ministry, in a press statement dated Tuesday [December 30, 2025] explained that the Cabinet approved the PSP in April 2025 as part of reforms to improve billing, revenue collection, service delivery, and reduce losses at ECG.
"The Ministry of Energy and Green Transition has taken note of a press release issued by the Public Utilities Workers' Union (PUWU) and subsequent actions protesting the selection of a Transaction Advisor for the Private Sector Participation (PSP) in the Electricity Company of Ghana (ECG)," the statement read.
While acknowledging improvements in ECG’s performance since January 2025, the Ministry noted that persistent challenges continue to threaten the company’s financial sustainability.
It stressed that PSP will involve targeted concession arrangements to bring in private sector expertise, not the sale of ECG.
"While there has been significant improvement in ECG's overall performance since January 2025, the Ministry acknowledges that 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."
It said the Ministry has consistently demonstrated its commitment to PUWU and to broad stakeholder engagement. The Ministry has maintained open and constructive dialogue with PUWU and will continue to engage the Union to address concerns and resolve any outstanding issues.
The Ministry reaffirmed its commitment to stakeholder engagement, particularly with the Public Utilities Workers’ Union (PUWU), and called for calm as discussions continue.
The government, it said, remains focused on protecting workers’ interests, strengthening ECG, and ensuring a reliable and sustainable power sector.
"The Ministry calls 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," the statement added.
