TUC rejects World Bank private sector participation plan for ECG and NEDCo

The Trades Union Congress (TUC)-Ghana has rejected the World Bank’s push for private sector participation (PSP) in the operations of the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCo).

The union has accused the World Bank of being “disingenuous” in its description of the proposed arrangement and warned that it would resist what it considers an attempt to privatise Ghana’s electricity distribution sector.“Contrary to the Bank’s explanation, the Transaction Advisor appointed at the instance of the Bank and its sister institution, the IMF, has proposed a model in which private operators will assume responsibility for electricity distribution from the Bulk Supply Points to the final customer,” the union said.