ECG assumes full Operation after PDS deal Cancellation
The Electricity Company of Ghana Limited (ECG) has announced it has “assumed full operational and financial control of the electricity distribution business in the Southern Zone of Ghana with immediate effect.” This comes after government’s termination of its concession agreement with Power Distribution Services (PDS) on claims of fraud. In a statement copied Ghanaweb, ECG […]
Reinstate PDS by October 30 or lose $190m – US govt threatens Ghana
The US government is threatening sanctions against Ghana over the termination of the controversial Power Distribution Services (PDS) Ghana Limited deal with the Electricity Company of Ghana (ECG). Government in a letter dated October 18, 2019 to the Millennium Challenge Corporation (MCC) announced the termination of the agreement which came into effect on March 1, […]