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Gov’t pushes for private sector role in power distribution to boost revenue efficiency

Thu, May 15 2025 2:13 PM
in Business, Ghana General News
govt pushes for private sector role in power distribution to boost revenue efficiency
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Ghana’s persistent revenue mobilisation challenges and recurring losses in the energy sector have prompted a renewed push for private sector participation, as the government moves to stabilise the sector’s financial outlook and improve service delivery.

Speaking at the Third-Party Vendors Forum in Accra, Deputy Minister for Energy and Green Transition, Richard Gyan-Mensah, reaffirmed the government’s commitment to introducing private sector involvement, particularly in the electricity distribution chain. He noted that inefficient revenue collection mechanisms have weighed heavily on the country’s ability to meet its financial obligations within the power sector.

WhatsApp Image 2025 05 14 at 19.22.00 1
Richard Gyan-Mensah, Deputy Minister, Ministry of Energy and Green Transition

“Ineffective revenue mobilisation and revenue losses continue to negatively impact the sector. We are committed to implementing prudent fiscal measures and leveraging private sector expertise to ensure efficiency while safeguarding consumers from exploitation,” the Minister stated.

The comments were made during ChargeUp 2025, a flagship event organised by TextGenesys Limited (TGL)—a leading provider of electronic customer engagement solutions. The event brought together key stakeholders including vendors, policy-makers, and financial partners to explore innovative strategies for improving energy distribution in Ghana.

Clarifying the scope of the government’s plan, the Deputy Minister stressed that the Electricity Company of Ghana (ECG) would remain operational, with specific distribution activities being opened up for private sector participation.

“It’s not about ceding a fixed percentage of ECG. Generation and transmission remain under full state control. At the distribution level, however, the private sector will complement ECG’s operations. Even now, ECG does not manage the entire value chain alone,” Gyan-Mensah explained.

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Michael Acolatse, Chief Operations Officer at TextGenesys Limited, detailed how the company’s digital platforms are addressing long-standing inefficiencies in ECG’s revenue systems.

WhatsApp Image 2025 05 14 at 19.21.59 1
Michael Acolatse, Chief Operations Officer at TextGenesys Limited

“We’ve developed a unified vending platform that allows vendors to sell electricity for over 20 meter types through a single interface. For offline meters that use cards, we’ve also created a universal card reader,” Acolatse said.

“This means vendors don’t need to invest in multiple systems to serve different customers. With support from funding partners like GCB Bank, vendors can operate without upfront capital, easing their burden and improving service access.”

The platform simplifies power vending for both operators and consumers while significantly enhancing ECG’s revenue collection capabilities. It is part of a larger digital transformation agenda aimed at improving transparency, efficiency, and customer experience across the energy sector.

The ChargeUp 2025 event, organised in collaboration with ECG and GCB Bank, underscores a shared vision to foster innovation, improve operational performance, and ensure financial sustainability in Ghana’s energy distribution landscape.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

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