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Private group bids to mend Ghana’s power sector

A privately led consortium has taken the reins of Ghana’s principal power distribution company in a bid to improve performance, but legacy debts continue to threaten upstream investors A privately led consortium has taken the reins of Ghana’s principal power distribution company in a bid to improve performance, but legacy debts continue to threaten upstream investors.
By Felix Janvrin 2 days ago Middle East & Africa / Pipelines, Storage & Power 0 34081
Workers at the Takoradi power station in Ghana. (Jonathan Ernst/World Bank)

The key issue: Power Distribution Services Ghana, an international consortium led by Philippines-based Manila Electric Co., has taken over the management and operational duties of Ghana’s main power distribution company, the Electricity Company of Ghana.

Interfax analysis: Private consortium Power Distribution Services Ghana (PDS) has taken over the management and operation of the Electricity Company of Ghana (ECG), the country’s main power distribution firm. PDS is owned by Philippines-based Manila Electric Co. (Meralco), which has a 30% stake in the company, and Angolan power company AEnergia,...