Information Minister ASSURE Ghanaians that PDS contract termination remains INTACT
Despite the U.S protest on Ghana’s decision to dismiss the power concession agreement.
soireenews 
The Minister of Information, Hon. Kojo Oppong Nkrumah has updated Ghanaians that the Power Distribution Service contract termination is still unwavering after the difference in opinion between Ghana and America.
The United States of America through its infrastructure development agency for partner countries, Millennium Challenge Corporation (MCC) protested Ghana’s decision to dismiss the power concession agreement after the government of Ghana politely notified them on PDS dishonesty.
“The United States of America notes this decision with regret. Based upon the conclusions of the independent forensic investigation, the U.S. position is that the transfer of operations, maintenance, and management of the Southern Distribution Network to the private concessionaire on March 1, 2019, was valid, and therefore the termination is unwarranted. As such, MCC has confirmed that the $190 million funds granted to Ghana at the March 1 transfer to the 20-year concession from ECG to PDS are no longer,” the statement said.
“Moving forward, the U.S. Government, through MCC, will continue to implement the Tranche I funds of $308 million with the Millennium Development Authority (MiDA). This funding will continue to support important improvements to the infrastructure of Ghana’s southern distribution network, increase reliability and power access to key markets, and advance energy efficiency programs directly benefiting the people of Ghana,” the statement added.
According to the Minister of Information at a news conference in Accra yesterday, October 23, 2019, Ghana had begun the termination process therefore the Electricity Company of Ghana remains in position of the assets whiles PDS is assisting them with limited services in the period prior to the termination.
“The necessary documentations are being filed with PDS and the Energy Commission at the moment. It is expected that residual matters between the ECG and PDS will be resolved with dispatch,” he said.
He addressed that the decision of termination was a difficult one in spite of the significant International pressure explaining further that the acquisition of the $308 million would be used to improve ECG’s operations with measures put in place to ensure the smooth transaction of the local power distributors.
