62 firms show interest in owning ECG

62 firms show interest in owning ECG

Sixty-two entities have expressed interest in taking over the Electricity Company of Ghana (ECG) as the country opens the doors of the company to private sector participation (PSP). 

62 firms show interest in owning ECG

Mr Owura K. Sarfo, Chief Executive Officer of the Millennium Development Authority (MiDA) addressing the media in Accra

The entities have, consequently, received request for qualification documents from the Millennium Development Authority (MiDA).

The companies are expected to submit their interests by May 3, 2016 to pave the way for the selection of a company or a consortium to manage, operate and invest in the ECG for the next 25 years.

The duration is, however, subject to compliance with the terms of the concession agreement by the selected entity.

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