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- 6th June, 2022GHANA POWER COMPACT PROGRAM CLOSES
- 3rd June, 2022MCC-GHANA POWER COMPACT: US GOV'T CALLS FOR INFRASTRUCTURE MAINTENANCE
- 1st June, 2022VEEP COMMISSIONS US$50-MILLION KASOA BSP FOR RELIABLE ELECTRICITY SUPPLY
- 25th May, 2022AUCTION SALES
- 25th May, 2022MiDA HANDS OVER 33KV ELLEN MORAN PRIMARY SUBSTATION TO ECG
- 31st March, 2022GHANAIANS BENEFITING FROM COMPACT PROGRAMMES – MiDA
- 16th March, 2022RESIDENTS OF 53 TOWNS AND COMMUNITIES EXPERIENCE IMPROVED POWER QUALITY AND REDUCED OUTAGES
- 15th February, 2022MiDA ILLUMINATES 523.68KM OF ROADS AND STREETS ACROSS 20 MMDAs
- 18th November, 2021GHANA STANDARDS AUTHORITY RECEIVES AC AND REFRIGERATOR TEST LAB
- 20th October, 2021PRESIDENT AKUFO ADDO INAUGURATES GHANA’S LARGEST BULK SUPPLY POINT AT POKUASE
- 22nd September, 2021MiDA INAUGURATES METER MANAGEMENT SYSTEM FOR ECG
- 28th April, 2021ELECTRICITY: MINISTERS VISIT THE KASOA AND POKUASE BSP SITES
- 30th March, 2021NEW AC TEST LABORATORY FOR THE GHANA STANDARDS AUTHORITY- (GSA)
- 8th March, 2021THREE POWER TRANSFORMERS FOR KASOA BSP PROJECT ARRIVE IN GHANA
- 21st January, 2021KWABENYA DISTRICT LV BIFURCATION WORKS COMMENCES; ACHIMOTA AND AKUAPIM MAMPONG DISTRICTS COMPLETED
- 30th September, 2020LV Bifurcation and Network Improvement Project - A Documentary
- 19th August, 2020MiDA CONCLUDES VIRTUAL CAPACITY BUILDING WORKSHOPS FOR INTERNS
- 29th July, 2020THREE SUSTAINABLE ENERGY SERVICE CENTRES FOR GHANA
- 22nd July, 2020MiDA RECEIVES EQUIPMENT FOR A METER MANAGEMENT SYSTEM
- 7th July, 2020THE GHANA POWER COMPACT PROVIDING VITAL POWER INFRASTRUCTURE TO MEET GHANA’S DEVELOPMENT NEEDS
- 29th May, 2020MiDA TO CONSTRUCT AN AIR CONDITIONING TEST FACILITY BUILDING AND LABORATORY FOR THE GHANA STANDARDS AUTHORITY
- 11th May, 2020TRANSFORMERS FOR POKUASE BSP PROJECT ARRIVE IN GHANA
- 17th February, 2020SIX PUBLIC INSTITUTIONS TO REDUCE THEIR ENERGY BILLS BY 30%
Newsletter
- 2nd December, 2019MiDA Newsletter, Vol 3 Issue 2
- 29th March, 2019MiDA Newsletter, Vol 3 Issue 1
- 30th September, 2018MiDA Newsletter, Vol 2 Issue 4
- 29th June, 2018MiDA Newsletter, Vol 2. Issue 3
- 30th March, 2018MiDA Newsletter, Vol. 2 Issue 2
- 29th December, 2017MiDA Newsletter, Vol. 2 Issue 1
- 30th June, 2017MiDA Newsletter, Vol.1 Issue 4
- 16th December, 2016MiDA Newsletter, Vol.1 Issue 3
- 30th June, 2016MiDA Newsletter, Vol.1 Issue 2
- 1st February, 2016MiDA Newsletter, Maiden Edition
Stakeholder Consultations
SECOND POLICY DECISION MAKERS WORKSHOP FOR PSP TRANSACTION IN ECG
The second workshop for policy decision makers for the PSP transaction in ECG was held at the Tang Palace Hotel in Accra. The workshop, organized by the Reform Unit of MIDA, was intended to introduce policy decision makers, from various institutions associated with Ghana’s power sector, to the key decision areas that would require sign off for the PSP transaction agreement in ECG to happen. The workshop was also to apprise the decision makers of the progress of work of the Financial Advisory Services Agreement (FASA) implementation.
Several high ranking officials and decision makers on whose shoulders the PSP transaction in ECG rest were all present. Among those present were Ms Mona Quartey, the Deputy Minister for Finance, Mrs. Della Sowah, deputy minister for Gender Children and Social Protection, and the board members and management members of ECG. Other institutions present include the Public Utilities and Regulatory Commission (PURC), the Energy Commission (EC), Attorney General’s Department, Public Utilities Workers’ Union (PUWU) representing staff of ECG, and the board of MiDA represented by its chairman Professor Samuel Sefa-Dedeh.
The workshop was facilitated by Ing. Owura Sarfo, CEO of MiDA, with the International Finance Corporation (IFC), the transaction advisors for the Government of Ghana on the PSP leading in presenting the various possibilities of structuring the transaction agreement for the PSP of ECG. The transaction structuring issues discussed at the workshop bordered on issues about the ownership in NewCo, which would be the new company to be set up to carry out the concession arrangement in ECG, regulation of tariffs, bid parameters and selection criteria for the tender, key performance indicators for the concession agreement, restructuring of ECG, and government’s support requirements for the transaction. The presentations showed various PSP arrangements in Africa and other parts of the world, dwelling on the UMEME example in Uganda as a successful PSP.
From the presentations, participants were expected to distill their preferences which would be incorporated in the transaction structuring report. The Transaction Structuring Report would present the Government of Ghana with various options for the PSP transaction, from which a decision would be taken on Ghana’s preferred option for the concession agreement. Mr. Michael Awuah, Reform Unit Manager, believes the workshop has been successful considering that nearly all invited officials were present. “We had a lot more people contributing ideas and asking questions. These are the people who ultimately have to take the decisions”, He said.