The Minister for Power and Inexperienced Transition, John Abdulai Jinapor, has dispelled claims that the federal government is planning to promote the Electrical energy Firm of Ghana (ECG), clarifying that present reforms contain introducing non-public sector participation to reinforce effectivity, not a wholesale privatisation.
Talking through the Authorities Accountability Collection on Wednesday, 16 July 2025, Mr Jinapor emphasised that the intention is to enhance ECG’s operations, notably within the space of income assortment and repair supply. He acknowledged:
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To make sure elevated revenues and improved effectivity, Cupboard has permitted non-public sector participation in ECG’s distribution community.
The Minister was categorical in his assurance to Ghanaians, stressing that there aren’t any plans to promote the corporate. He urged native entrepreneurs to be concerned within the course of:
Let me put it on file, we aren’t promoting ECG. What we’re looking for to do is to contain the non-public sector, notably in billing and income assortment, and I encourage Ghanaian traders to take eager curiosity on this. We now have succesful Ghanaian entrepreneurs and businessmen who can contribute meaningfully.
He additionally revealed that ECG has now complied together with his directive to undertake the Money Waterfall Mechanism and function a single account on the Ghana Business Financial institution. He defined:
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That is guaranteeing a relentless move of funds to energy mills, gas suppliers, GRIDCo, VRA and different key gamers within the energy sector. It has additionally contributed considerably to the relative stability we’re at present experiencing in energy provide. The mechanism ensures minimal funds to Unbiased Energy Producers (IPPs).
Mr Jinapor additional famous the Ministry’s dedication to increasing entry to electrical energy in underserved communities. He introduced that 63 communities have already been related to the nationwide grid, with plans underway for a large-scale rural electrification programme aimed toward attaining common electrical energy entry by the tip of 2028.
