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No sale of ECG or NEDCo – Jinapor assures as Government considers power reforms

Republic Online by Republic Online
April 3, 2025
in General, Lead story, Local News, News, Politics, Review, Top Stories
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No sale of ECG or NEDCo – Jinapor assures as Government considers power reforms
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The power sector could be on the verge of a major transformation following the presentation of a comprehensive report on private sector participation to the Minister for Energy and Green Transition, Hon. John Abdulai Jinapor.

The report, compiled by a technical committee set up in January 2025, explores strategies to increase private investment in electricity distribution while ensuring efficiency, reliability, and affordability.

Officials say the findings could shape government policies aimed at addressing long-standing inefficiencies in the sector.

During an official handover ceremony at the Ministry of Energy and Green Transition, Minister Jinapor commended the committee for its in-depth analysis and emphasized the government’s commitment to reforms that create a business-friendly environment for private investors.

“All we want is a reliable, affordable, and dependable supply of electricity,” the Minister stated, stressing that improved distribution is a top priority for the government.

The report outlines three possible models for private sector engagement: Entity Concession, Multiple Lease, and Service Franchise. Each approach offers potential benefits such as better customer service, increased efficiency, and the mobilization of private capital to upgrade infrastructure and technology.

However, the Minister was clear on one major point—there are no plans to sell the Electricity Company of Ghana (ECG) or the Northern Electricity Distribution Company Limited (NEDCo). Instead, the government is looking at strategic partnerships to modernize operations while maintaining public ownership of key assets.

The report also calls for strong regulatory frameworks to ensure fair pricing, consumer protection, and accountability in private sector involvement. Experts believe that with the right policies in place, Ghana’s energy sector can harness innovation and private investment to build a more sustainable and resilient power supply.

As the government deliberates on the next steps, Minister Jinapor assured that transparency and local participation would be central to any future reforms.

“This is about building a future-ready energy sector that works for every Ghanaian,” he affirmed.

With power demand increasing, the coming months will be crucial as stakeholders debate how best to implement the recommendations.

Tags: ECGElectricity Company of Ghana (ECG)Hon. John Abdulai JinaporMinister for Energy and Green TransitionNEDCONorthern Electricity Distribution Company Limited (NEDCo




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