Energy Minister tells PURC to tighten scrutiny of ECG over energy sector finances
Speaking at the commissioning of a new PURC office, the Minister singled out ECG as the most critical utility within the sector’s financial value chain and urged the regulator to pay closer attention to its commercial operations.
Energy Minister Dr John Jinapor has urged the Public Utilities Regulatory Commission (PURC) to intensify its examination of the commercial operations of the Electricity Company of Ghana (ECG). During the commissioning of a new PURC office, the Minister highlighted ECG as a critical utility within the energy sector's financial value chain.
He emphasized the importance of ECG's ability to collect revenue in ensuring the financial stability of the entire sector. The Minister specifically called for stricter regulation and enforcement of ECG's commercial performance, warning that the inability to generate sufficient revenue would hinder the ability of other players in the electricity supply chain to receive payment.
The Energy Minister's directive places ECG's revenue mobilisation and commercial performance at the forefront of efforts to enhance the financial health of Ghana's power sector. He also encouraged PURC to enhance stakeholder engagement, increase visibility among consumers, and support industrial competitiveness as part of the government's initiative to implement a 24-hour economy program.
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