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ACEP supports ECG privatisation [Video]

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Oil and Gas Industry News

The African Centre for Energy Policy (ACEP) has supported proposals to privatise the Electricity Company of Ghana (ECG).

The Executive Director of ACEP, Ben Boakye, argued that the ECG has failed to ensure the efficient distribution of power, thereby plunging the country into darkness.

He explained that the lack of effective collection of revenue, and failure to address leakages have rendered the company less liquid to run its operations.

“The bottom line is that there isn’t enough generation, and this arises because ECG’s collection is abused and not transparently utilized,” he said on Joy News.

 He pointed out that inviting the private sector, will not only revamp the operations of the ECG, but will also make the company accountable.

“The way to deal with it is to get the private sector in there, and that is the only way to make the Public Utilities and Regulatory Commission relevant.”

“We are …

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