{"id":2449,"date":"2026-05-20T08:31:58","date_gmt":"2026-05-20T08:31:58","guid":{"rendered":"https:\/\/mida.gov.gh\/staging\/3036\/?page_id=2449"},"modified":"2026-05-20T08:36:58","modified_gmt":"2026-05-20T08:36:58","slug":"press-release-mcc-gpc","status":"publish","type":"page","link":"https:\/\/mida.gov.gh\/staging\/3036\/press-release-mcc-gpc\/","title":{"rendered":"Press Release &#8211; MCC &#8211; GPC"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2449\" class=\"elementor elementor-2449\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d09e6e0 e-flex e-con-boxed e-con e-child\" data-id=\"d09e6e0\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9618d08 elementor-widget elementor-widget-heading\" data-id=\"9618d08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">MCC Statement Regarding Termination of the Private Sector Concession by the Government of Ghana\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60d1bd7 elementor-widget elementor-widget-heading\" data-id=\"60d1bd7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">For Immediate Release\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd0c2b5 elementor-widget elementor-widget-heading\" data-id=\"dd0c2b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">October 23, 2019\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-feb56f5 elementor-widget elementor-widget-image\" data-id=\"feb56f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"800\" height=\"478\" src=\"https:\/\/mida.gov.gh\/staging\/3036\/wp-content\/uploads\/2026\/04\/power-compact-5-1024x612.webp\" class=\"attachment-large size-large wp-image-1791\" alt=\"power-compact\" srcset=\"https:\/\/mida.gov.gh\/staging\/3036\/wp-content\/uploads\/2026\/04\/power-compact-5-1024x612.webp 1024w, https:\/\/mida.gov.gh\/staging\/3036\/wp-content\/uploads\/2026\/04\/power-compact-5-300x179.webp 300w, https:\/\/mida.gov.gh\/staging\/3036\/wp-content\/uploads\/2026\/04\/power-compact-5-768x459.webp 768w, https:\/\/mida.gov.gh\/staging\/3036\/wp-content\/uploads\/2026\/04\/power-compact-5-1536x917.webp 1536w, https:\/\/mida.gov.gh\/staging\/3036\/wp-content\/uploads\/2026\/04\/power-compact-5.webp 2048w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a98498a elementor-widget elementor-widget-text-editor\" data-id=\"a98498a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>WASHINGTON, DC, October 23, 2019 &#8211; In response to the Government of Ghana\u2019s disappointing decision to terminate the concession agreement between the Electric Company of Ghana Ltd (ECG) to private operator Power Distribution Services Ghana Ltd (PDS)\u2014a necessary condition as part of the Ghana Power Compact\u2014 the $190 million funds granted to Ghana for the 20-year concession from ECG to PDS are no longer available.<\/p><p>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\u2019s southern distribution network, increase reliability and power access to key markets, and advance energy efficiency programs.<\/p><p>MCC has full confidence that MiDA and the Government of Ghana will continue to work together to implement the necessary solutions under the remainder of the Power Compact to enhance the reliability of the country\u2019s power network and improve the lives of millions of Ghanaians.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57c0094 elementor-widget elementor-widget-heading\" data-id=\"57c0094\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Source: MCC.gov<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MCC Statement Regarding Termination of the Private Sector Concession by the Government of Ghana<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","footnotes":""},"class_list":["post-2449","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages\/2449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/comments?post=2449"}],"version-history":[{"count":3,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages\/2449\/revisions"}],"predecessor-version":[{"id":2453,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages\/2449\/revisions\/2453"}],"wp:attachment":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/media?parent=2449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}