48 companies battle for ECG
Companies have tendered in bids from the United States of America, South Africa, United Kingdom (UK), France, Lebanon, India, Nigeria, Philippines, Turkey, Canada, United Arab Emirates (UAE), Ireland, Israel and Thailand.
This brings up to 42 the total number of companies battling for to take over some essential parts of ECG's operations.
Below are a section of the companies who have expressed interest:
List of 18 Ghanaian companies
Power Meter Technics (Pty) Ltd & Pricoil Ghana Limited, China Railway No.5, Engineering Group Co. Ltd, Wilkins Engineering. Limited, ER- STOVS COMPANY LIMITED, TG Energy Solution Ghana Limited, Enclave Power Company, BXC GHANA LIMITED, HECDIG Limited, MBH
POWER AND GAS LTD, MC Jones Energy, Fallow Ghana Ltd, Wellfind Limited, Reroy Power Limited, IRIS, Infrared Imaging Solutions, Belstar Capital Ltd, in collaboration with CEC Africa Investments Ltd, The Quantum Group Ltd, Rabest Company Limited and Amandi/STL.
USA (4 companies)
Six companies from the United States of America, the country providing close to $500 million to restructure ECG, have also expressed interest.
They are Thelios Power/Orgone Development LLC, APSM, Pike Corporation & UC Synergetic Information-Thinking Engineering Solutions, CMF Global. Inc, New Generation Power and Latitude Capital Management L.P.
Some analysts and civil society groups have expressed concern that because the USA is providing funding for restructuring ECG, companies from that country stand a better chance of winning the concession bid.
However, MiDA officials have discounted this assertion, adding that only the best company can win the concession.
South Africa (3 companies)
Three companies from South Africa; namely, Total Utilities Management Services, Mat Tecknologies Consultancy Limited/Siri Engineering (PTY) Ltd and Pricoil Ghana Limited, with office in Ghana, have also expressed interest in the ECG concession.
United Kingdom (2 companies)
Actis GP LLP-United Kingdom and CDC Group pic from the United Kingdom have also shown interest.
France (2 companies)
Interest was received from-two companies from France EDF International Networks and Eranove Group.
Lebanon (2 companies)
Butec Utility Services-Lebanon and Matelec S.A.L-Lebanon also applied for the concession.
Interest from 10 other countries
Expression of interest was received from 10 other countries. They include
TataPower Company Limited Manila Electric Company/ MERI ALCO, Philippines; AFRASIA
Enerji MÜh.ve Dan. Tic. A.S
Manitoba Hydro Intei Canada; ENG1E Limited, Uri Emirates; ESB International,
NIP Global Ltd, Israel; African Infrastructure Investment Managers (AIIM), Nigeria; and Metre Electricity Authority, (MEA) land.
O&M Solutions expressed interest but did not provide their address
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