The Millennium Challenge Corporation (MCC) has, in a letter to Ghana’s Minister of Finance Mr. Ken Ofori-Atta, requested the government of Ghana to reinstate the Power Distribution Service (PDS) concession right by 30 October 2019 or risk losing the second tranche allotment of $190 million of the Compact II.
In the letter dated 18 October 2019, the MCC said it wants the government of Ghana to lift the suspension of the LAA, BSA, and GSA and cause the Energy Commission to lift the suspension of PDS’ Retail Supply Licence.
The government of Ghana recently terminated the concession deal with PDS regarding the distribution of electricity in Ghana.
A letter dated 18 October 2019 signed by Mr. Ofori-Atta, said: “Following consultations with Government, we wish to emphasize that Government remains strongly committed to the Compact and to private sector participation in the Electricity Company of Ghana.
By: Joseph Nii Ankrah