We’re not selling ECG – Energy Minister

Minister for Energy and Green Transition, John Jinapor, has reiterated that the government has no intention of selling the Electricity Company of Ghana (ECG).

Taking his turn at the Government’s Accountability Series on Wednesday, July 16, the Minister clarified that the government’s objective is to involve the private sector in specific operational areas of ECG, particularly in revenue collection and billing.

“Let me put on record that we are not selling ECG. What we are seeking to do is to involve the private sector, particularly in the billing and collection sector.”

He encouraged Ghanaian firms with an interest in the energy sector to express their readiness and participate in the transformation of ECG, highlighting the need for collaboration to build a more robust and sustainable power utility.

“And I encourage Ghanaians to take a keen interest in this. We have good Ghanaian entrepreneurs; this is an opportunity for you. Get involved and help us to bring about improvement in the sector.”

Mr Jinapor emphasised that the cabinet has “approved private sector participation in ECG’s distribution network.”

This, he said, is aimed at increasing revenue collection and efficiency in the sector.

ECG sees significant growth in revenue generation

Mr Jinapor also revealed that the Electricity Company of Ghana (ECG) has recorded an increase in revenue generation in recent months.

“ECG’s monthly revenue is witnessing some significant increase, this increase represents about a 47.3% increase as compared to the same period last year. And so as you can see, we are seeing some real significant increase in revenues.”

However, the Minister cautioned that while the revenue gains are encouraging, they remain insufficient to fully address the broader challenges confronting the country’s electricity sector.

He underscored the need for innovative and diversified funding mechanisms to support long-term infrastructure development, reliability, and sustainability.

“Because of the huge challenges and the debt that we encountered, we need to pursue additional policy measures to ensure that we put the power sector on track.”

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