Energy Minister Peter Amewu has disclosed that the 20years contract with the new managers of the Electricity Company of Ghana, ECG, will be reviewed after 5years into the deal.
According to Peter Amewu, the module to be used by the new managers of ECG, Power Distribution Services is expected to greatly improve the finances of the company.
Speaking to Citi FM, he said after 5years of their operation government will review their work to assess the financial turnaround of ECG. Government has last week officially handed over the operations of the state-owned facility to PDS.
Read also: New ECG owner, PDS starts operation today, what to expectÂ
PDS is expected to turnaround the operations of the company to make it profitable. In addition, the new management will improve access to electricity while cutting down on waste in the system to block all leakages that drain the financials of ECG.
Explaining the work of both ECG and PDS in the new contract, Peter Amewu said: "for ECG as you are all aware is a strategic partner in this relationship they are going to be responsible for the bulk purchase, ECG will buy the power from the generators and ECG will now sell, previously they sell to various consumers now ECG is going to sell to one bulk consumer which is the new PDS coming in, PDS will work along the distribution supply chain to achieve the end value result."
Related: Gov't will take over the operations of ECG if you fail to meet KPIs: Minister to PDS
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