Power Distribution Services (PDS) has taken over operations of the Electricity company of Ghana (ECG) today, Wednesday, 27th February,2019.
According to a reliable source,
PDS from today is the official new owners and directors of the electricity company.
The takeover was scheduled to have taken place on 1st February 2019 but unfortunately, was postponed by the Millennium Development Authority (MIDA) due to certain lapses that needed to be ratified to ensure smooth handing over of the company.
PDS is expected to uproot causes of power unsustainable and unreliability in Ghana.
The new company which has taken over ECG has prioritized the following projects;
Financial and Operational Turnaround Project, NEDCo Financial and Operational Turnaround Project, Regulatory Strengthening and Capacity Building Project, and Access Project and Generation Sector Improvement Project and Energy Efficiency, and Demand Side Management Project.