This follows an announcement by the Millennium Development Authority (MiDA).
The MiDA announced that a series of projects and initiatives have been made to transform and modernise the country’s power distribution sector, following a take-over of ECG by private operator Power Distribution Services (PDS) by February 1.
The commitment aims at enhancing the country’s power distribution infrastructure and technology as a strategic decision to turn around operations of the power distributor.
Currently, MiDA is finalising negotiations toward construction of two of the biggest Bulk Supply Point (BSP) which is likely to start by March this year.
The Chief Executive Officer of MiDA, Martin Eson-Benjamin, who disclosed the intervention said that the move was vital because, when put in the right places, it will improve the quality and sustainability of power in these areas.
“Ultimately, it will ensure that the power challenges, including power losses, are put in check because we will have more reliable equipment to hold the power,” he said.
The Millennium Development Authority (MiDA) said it is handing-over of the Electricity Company of Ghana (ECG) to Meralco Consortium under the Private Sector Participation of the Power Compact II Agreement would come off on February 1, 2019.
The operations, investment and management of ECG was awarded to Meralco Consortium in April last year following the completion of international competitive procurement process and evaluation of the proposals received for the ECG Concession.
The MiDA says the intervention will help in the distribution of power in the country since it will curb the power challenges the country is experiencing.