Business & Markets

ECG staff assured of job security

MR SAMUEL Boakye -Appiah, Managing Director (MD) of the Electricity Company of Ghana (ECG) has assured its workers and stakeholders that ECG has not been sold contrary to what others believe.

The MD, speaking at the company’s Golden Jubilee celebration in Accra, emphasised that with the introduction of a concessionaire to invest in, manage and operates its distribution assets, ECG will continue to exist albeit with a different focus.

“The new ECG will be an active and responsible asset owner, will engage in bulk energy trading, providing knowledge and skills to support other utilities through consultancy services and an upgraded training school,” he said.

He added that the new ECG will also embrace the introduction of renewable energy into Ghana’s energy mix in order to improve reliability of supply to its customers.

Challenges and achievement

Mr Boakye- Appiah, who highlighted on the theme ‘50 Years Of Powering The Socio-Economic Growth and Development of Ghana, ‘said the company though has chalked major successes also has some various challenges.

He said “by far, the worst challenge in recent memory is the protracted power crisis of 2012-2016. During the crisis, ECG’s image fell to an all -time low and our distribution network was weakened as a result of frequent switching for load shedding.”

“Our finances suffered because customers reacted to the crisis by not paying their bills. With the necessary political, financial and technical interventions the crisis was resolved last year and ECG is back on its feet.” He said.

According to the MD, ECG is yet to receive the Regulatory Benchmarks for system Losses and Network Reliability.

He explained that achieving cost reflective tariffs that are affordable for its customers remains a major challenge.

“A significant achievement is the fact that we are concerned and have survived all the turbulence that has plagued many state own enterprises in the history of our country.

We have achieved significant laurels locally and internationally. We have brought smiles to many homes and communities who turn the lights on for the first time on their life time,” he added.

Modernisation

Mr Boakye –Appiah hinted that ECG is automating and digitising its networks and business processes using the latest technologies in the industry.

He explained that the company’s networks operations are partially automated at the medium voltage level; at the primary level, the Supervisory Control and Data Acquisition System (SCADA) covers four out of the six administrative regions and the secondary SCADA has been extended to 17 district control centres throughout its operational regions.

Mr William Owuraku Aidoo, Deputy Minister of Energy said the Vice President, Dr Mahamudu Bawumia went to Washington to meet with the World Bank and managed to renegotiate the key aspects of the contract namely the non-loss of jobs by ECG workers, and also 20% participation of Ghanaians.

He explained that Ghanaians should be confident in what the government says, that no staff in ECG will lose his/her job and that is exactly what is pertaining,

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