ECG private sector participation expected to begin in 2027 – Finance Ministry advisor
A Technical Advisor at the Ministry of Finance, Dr Theo Acheampong, has revealed that the government’s planned private-sector participation in the Electricity Company of Ghana (ECG) is expected to commence in early 2027 as part of broader reforms in the energy sector.
Speaking on Joy FM on Saturday, May 16, 2026, Dr Acheampong said the initiative was being pursued jointly by the Government of Ghana and the International Monetary Fund (IMF) to address persistent commercial and technical losses within ECG and improve efficiency in electricity distribution across the country.
“The private sector participation under ECG will happen. End of year going into early next year,” he stated.
Dr Acheampong clarified that the arrangement would not involve the outright sale or full privatisation of ECG. According to him, the model would be implemented through public-private partnerships and concession agreements aimed at strengthening operational performance while maintaining state ownership of the power distributor.
The planned reforms come at a time when ECG continues to face mounting financial and operational challenges.
Former Managing Director of ECG, Samuel Dubik Mahama, recently highlighted some of the structural difficulties confronting the company. He explained that under the current cash waterfall mechanism, ECG retains only a portion of the revenue it collects.
According to him, substantial deductions are made from the company’s earnings to cover salaries, fuel costs, healthcare obligations, and maintenance expenses before the remaining funds are allocated to operational activities.
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