The Executive Director of the Institute for Energy Security (IES), Nana Amoasi VII, has raised concerns about the proposed mergers within Ghana's energy sector outlined in the New Patriotic Party (NPP) manifesto.
According to him, while merging certain entities could improve efficiency, the timing and approach need careful consideration to prevent further destabilisation of the energy sector.
Nana Amoasi highlighted specific merger proposals by the NPP, which include combining the Public Utilities Regulatory Commission (PURC) with the Energy Commission, merging the Electricity Company of Ghana (ECG) with the Northern Electricity Distribution Company (NEDCo), and consolidating Bui Power Authority with the Volta River Authority (VRA). "They have been clear with their intention," he said, but he noted that the opposition party, the National Democratic Congress (NDC), has also alluded to a "realignment of entities" in its manifesto, though without providing concrete details.
Nana Amoasi explained that, in principle, mergers can be beneficial, likening them to a company restructuring to cut costs and boost efficiency.