Business News of Thursday, 24 October 2019

Source: laudbusiness.com

We’ll serve you better – ECG assures as it terminates contract with PDS

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The Management of the Electricity Company of Ghana (ECG) has assured stakeholders that the company will provide them with quality services following the termination of the contract with the Power Distribution Services (PDS).

“ECG will continue to provide quality services to our cherished customers and stakeholders,” the company said in a statement.

The ECG has abrogated the contract it had with PDS as far as power distribution in Ghana is concerned following the recent termination of PDS’ concession agreement with the government.

“The Electricity Company of Ghana Limited (ECG) has today, 23 October 2019 terminated the Private Sector Participation Transaction Agreements with Power Distribution Services Ghana Limited (PDS),” a statement by the management of ECG on Wednesday, 23 October 2019, said.

The statement added : “ECG has, therefore, assumed full operational and financial control of the electricity distribution business in the Southern Zone of Ghana with immediate effect.

“Consequently, all activities which were hitherto undertaken by PDS have reverted to ECG.

“All stakeholders and customers should, therefore, engage ECG in their normal business activities which include but are not limited to the following: metering, billing, distribution of bills, bill reconciliation, revenue collection, new service connections; disconnections and reconnections, faulty meter replacements, network faults and repairs; network operations, maintenance, expansion and rehabilitation; as well as complaints and fault reporting to the call centres and any other related services”.

The statement said: “In this regard, all payments in respect of power purchases and other related activities should take place at ECG Regional and District Offices, ECG existing Customer Service Centres, ECG licensed vending stations, ECG-operated Cash Points, and ECG authorised Banks”.

“Accordingly, all cheques issued in respect of power purchases and other related activities should be in the sole name of the Electricity Company of Ghana Limited.

“All assets currently in the name of PDS revert to ECG with immediate effect and will be rebranded over the next few weeks. ECG will continue to provide quality services to our cherished customers and stakeholders.”