• Advertise with Us
  • About Us
Monday, November 3, 2025
  • Login
  • Home
  • Politics
  • Business
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health
No Result
View All Result
  • Home
  • Politics
  • Business
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health
No Result
View All Result
No Result
View All Result
Home Business

Government Inaugurates Steering Committee to Boost Private Participation in Power Distribution.

EFO MAWUGBE by EFO MAWUGBE
May 5, 2025
in Business, General News
0
Government Inaugurates Steering Committee to Boost Private Participation in Power Distribution.
0
SHARES
10
VIEWS
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

Accra, May 5, 2025– The Government has inaugurated an eight-member Private Sector Participation (PSP) Steering Committee to provide strategic oversight for the implementation of the reintroduced Multiple Lease Model (MLM) aimed at transforming electricity distribution in Ghana.

The MLM approach, which segments electricity distribution services into regional units to be managed by various private operators, is designed to attract credible investors, enhance efficiency, reduce technical and commercial losses, and improve customer satisfaction nationwide.

READ ALSO

Why is GJA Acting As PR Agency for KGL, the Company Involved in Murky Deal with NLA? Manasseh Fumes

MDHI Bill Will Stifle Free Speech; Gov’t Must Re-consider it-OPAG President

The PSP Steering Committee will be chaired by Hon. John Abdulai Jinapor, Minister for Energy and Green Transition, with Hon. Dr. Cassiel Ato Forson, Minister of Finance, serving as co-chair. Other members include Hon. Elizabeth Ofosu-Adjare, Minister of Trade and Agribusiness, Dr Dominic Akuritinga Ayine, Attorney General and Minister for Justice and Hon. Felix Kwakye Ofosu, Minister of State for Government Communications.

The rest are Mr. Julius Kpekpena, Ag. Managing Director of the Electricity Company of Ghana (ECG); Mr. John Okine Yamoah, Ag.Managing Director of the Northern Electricity Distribution Company (NEDCo); and Madam Baba Akon, who will serve as Secretary to the Committee.

In a statement read on his behalf by the Deputy Minister for Energy and Green Transition, Hon. Richard Gyan Mensah, at the inauguration in Accra, Hon. Jinapor said the MLM was a cornerstone of the government’s broader energy sector recovery and modernization strategy.

He explained that the Steering Committee would provide strategic direction for the PSP rollout, gather baseline data including auditing the PSP deal, coordinate with ECG, NEDCo, regulatory bodies, and transaction advisors, as well as monitor progress across critical milestones.

“The Committee will also be responsible for reviewing and advising on transaction documents, procurement frameworks, draft agreements, risk mitigation strategies, regulatory compliance, and stakeholder communications,” Hon. Jinapor said.

He added that the PSP Implementation Unit within the Ministry of Energy and Green Transition would serve as the Secretariat to the Committee, offering administrative and technical support throughout the implementation process.

Hon. Jinapor charged the Committee to ensure that the procurement of technical, financial, and legal transaction advisors is completed by May 31, 2025, to facilitate the commencement of detailed implementation.

“By September 2025, we anticipate issuing the first phase of the competitive bidding documents for private concessionaires,” he stated.

Three sub-committees; Technical, Governance & Regulatory, and Stakeholder Management have also been established to support the process.

Mr. Jabesh Amissah-Arthur, Chair of the Technical Sub-Committee, expressed gratitude for the opportunity to serve and called on Ghanaians to support the Committee as it undertakes its critical mandate.

“The road will be challenging and difficult but I have confidence in the members that we will be able to live up to expectation by providing guidance to the re-structuring of the power distribution sector to ensure customer service satisfaction,” he said.

Tags: BoostGovtInauguratesParticipationPower distributionPrivate

Related Posts

Why is GJA Acting As PR Agency for KGL, the Company Involved in Murky Deal with NLA? Manasseh Fumes
General News

Why is GJA Acting As PR Agency for KGL, the Company Involved in Murky Deal with NLA? Manasseh Fumes

November 3, 2025
MDHI Bill Will Stifle Free Speech; Gov’t Must Re-consider it-OPAG President
General News

MDHI Bill Will Stifle Free Speech; Gov’t Must Re-consider it-OPAG President

November 3, 2025
CDS Pays Courtesy Call on Major General Anyidoho (rtd)
General News

CDS Pays Courtesy Call on Major General Anyidoho (rtd)

November 2, 2025
Fire Outbreak at Kwapong Nurses’ Training College Leaves Students  Distraught
General News

Fire Outbreak at Kwapong Nurses’ Training College Leaves Students Distraught

October 31, 2025
China Mall in Kumasi Santasi in Flames
General News

China Mall in Kumasi Santasi in Flames

October 30, 2025
DEFENCE PRESS CORPS CONDEMNS ALLEGED ASSAULT BY SOLDIER; COMMENDS SWIFT ACTION BY GHANA ARMED FORCES
General News

DEFENCE PRESS CORPS CONDEMNS ALLEGED ASSAULT BY SOLDIER; COMMENDS SWIFT ACTION BY GHANA ARMED FORCES

October 30, 2025
Next Post
Greater Accra NDC Organizers Appeal to Gov’t for Appointment as NADMO Co-ordinators

Greater Accra NDC Organizers Appeal to Gov't for Appointment as NADMO Co-ordinators

Leave a Reply Cancel reply

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

EDITOR'S PICK

  • All
  • Politics
REV WENGAM DEDICATES TEMPLE AT ADA FOAH TO MARK 15TH ANNIVERSARY OF CEDAR MT CHAPEL

REV WENGAM DEDICATES TEMPLE AT ADA FOAH TO MARK 15TH ANNIVERSARY OF CEDAR MT CHAPEL

October 9, 2025
Love Padlocks in Paris: A Scene to be Hold.

Love Padlocks in Paris: A Scene to be Hold.

March 3, 2023
Stonebwoy, Edem attend 2023 Grammy Awards in Los Angeles [Video]

Stonebwoy, Edem attend 2023 Grammy Awards in Los Angeles [Video]

February 9, 2023
2023 Top 100 Ghana’s Women Board Directors Honoured.

2023 Top 100 Ghana’s Women Board Directors Honoured.

August 18, 2023

About SenaRadio Online

SenaRadio Online is a Private News Portal based in capital of Ghana, Accra established in the year 2019.

SenaRadioonline.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Follow us

Categories

  • Africa
  • Business
  • Entertainment
  • General News
  • Health
  • Opinion
  • Politics
  • Sports
  • Tech
  • Uncategorized
  • World

Recent Posts

  • Why is GJA Acting As PR Agency for KGL, the Company Involved in Murky Deal with NLA? Manasseh Fumes
  • MDHI Bill Will Stifle Free Speech; Gov’t Must Re-consider it-OPAG President
  • CSOs Commend Mahama Over Termination of SML Contract
  • Volta Economic Zone Will Change Ghana; Boost Livelihoods-Julius Derbrah

Gallery

© 2023 Sena Radio Online -All Rights Reserved Site Powered by CodeArthur

  • Contact Us
  • Advertise with Us
No Result
View All Result
  • Home
  • Politics
  • Business
  • General News
  • Entertainment
  • Sports
  • Tech
  • Africa
  • World
  • Health

© 2023 Sena Radio Online -All Rights Reserved Site Powered by CodeArthur

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In