Energy Minister Commissions Technical Committee to Draft ECG Privatization Plan
The Minister of Energy and Green Transition, John Jinapor, has inaugurated a seven-member technical committee tasked with developing a comprehensive framework for the privatization of the Electricity Company of Ghana (ECG).
The committee, comprised of energy experts and key stakeholders, has one month to deliver a plan aimed at improving the utility provider’s efficiency and service delivery.
Speaking after the inauguration, Mr. Jinapor emphasized that the government’s intention is not to sell ECG outright but to involve the private sector in its operations.
“Let me assure the nation that we have not decided to sell ECG. Ours is to ensure that we get the private sector involved while emphasizing local participation,” he stated.
Stakeholder Engagement and Transparency
The Minister underscored the importance of transparency and inclusivity in the privatization process. He directed the committee to consult extensively with stakeholders, including ECG employees, unions, consumers, and other relevant parties, to ensure a comprehensive and widely accepted plan.
“We want this to be done in a transparent, effective, and responsible way,” Mr. Jinapor noted. “The energy sector is bleeding, and if nothing is done in the shortest possible time, it risks collapsing.”
Mandate of the Technical Committee
The committee’s mandate includes formulating strategies to transition ECG to private sector management while prioritizing improved service delivery and operational efficiency. According to the Minister, the process will be competitive and designed to attract local and international investment to stabilize and transform Ghana’s struggling energy sector.
The directive comes amid growing financial and operational challenges in the country’s energy sector, with the government seeking urgent interventions to ensure its sustainability.
The committee is expected to submit its final report and recommendations by the end of February 2025.
