The Electricity Company of Ghana, which is now the interim operator in charge of management and operation of electricity sales under the license no EC/ESL/02-19-001, and the suspended Power Distribution Services (PDS) Ghana Limited have agreed on interim operational modalities.

The move, is to ensure that there is no disruption of power supply and service delivery to consumers.

A statement jointly issued ECG and PDS Thursday said, “This interim arrangement shall be in force from 8th of August, 2019 until the reversal or otherwise by the Energy Commission.”

“ECG and PDS assured the general public that we will continue to provide quality electricity services to our cherished customers.

“All enquiries should be directed to PDS Call Centre no 0302611611 and all social media handles,” the statement added.

The Electricity Company of Ghana, acting on behalf of Government of Ghana, signed a concession agreement with the Power Distribution Services Ghana Limited on March 1, 2019.

The move was in line with Millennium Challenge Corporation’s Power Compact II which required private sector participation in the West Africa country’s power distribution business.

However, barely five months of operations, the Government of Ghana, through the Information Minister, Kojo Oppong Nkrumah, announced the suspension of PDS.

In a statement, government said the suspension was as a result of what it described as ‘fundamental and material breaches of PDS’ obligation in the provision of Payment Securities for the transaction’ which had been discovered upon further due diligence.

The statement said a full-scale enquiry into the power concession agreement with PDS Ghana Limited had begun and was expected to last for 30 days.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

VW to start Ghana assembling operations in November

Volkswagen South Africa (VWSA) will start semi-knocked down (SKD) assembly in Ghana…

Provide Leadership That Will Benefit Ghanaians – Akufo-Addo Urges Ofori-Atta

The President, Nana Addo Dankwa Akufo-Addo has charged the Finance Minister, Ken…

Ministry of Finance/G.R.A. Collaboration Yields Over GHC 1 Billion In 10 Months

The intervention of the Ministry of Finance and the Ghana Revenue Authority…

Shareholders of GOIL approves partnership with ExxonMobil for Deep Water Cape Three Point oil block

Shareholders of Ghana Oil Company Limited (GOIL) have approved decision of the…