ECG appointed as operator of electricity distribution and retail sales

The Electricity Brokerage Licence No. EC/EBL/02-19-001 issued to the Electricity Company of Ghana (ECG) to enable it sell electricity in bulk to Power Distribution Service (PDS) and other bulk consumers outside the Southern Distribution Zone has been cancelled.

The Commission has therefore appointed ECG as Operator of both the Electricity Distribution Licence No. EC/EDL/02-19-002 and Electricity Retail Sale Licence No. EC/ESL/02-19-002 within the Southern Distribution Zone.
A statement issued by the Board of the Energy Commission said PDS and ECG were to facilitate a smooth transition process to ensure that customers were not adversely affected.
It said the Commission, therefore informs the public that based on communication from ECG, the Demand Guarantees submitted by PDS to ECG in respect of the Lease and Assignment Agreement (LAA) between the two companies were null and void.
The statement said as a result, the ECG has terminated the said LAA as well as the Bulk Supply Agreement in accordance with Article 2, Section 2 (6) (c) and Article 5, Section 5 (9) (b) of the LAA.
It said the Commission in accordance with the provisions of Section 19 of the Energy Commission Act, 1997 (Act 541), has cancelled the Electricity Distribution Licence No. EC/EDL/02-19001 and the Electricity Sale Licence No. EC/ESL/02-19-001 issued to PDS with effect from 23rd October, 2019.

ABOUT: Nana Kwesi Coomson

[email protected]

An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

View all posts by: Nana Kwesi Coomson  

Leave a Reply

Your email address will not be published. Required fields are marked *

ABOUT 233TIMES

233times is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more.

233times reports on major events,news covering entertainment, politics, sports, business, technology, etc from within Ghana, Africa and beyond.

We have a platform for the amateur artistes to portray their staggering talents ...more...

CONTACT US

For further enquiries, please contact us via our contact us page link: CONTACT

WE ON SOCIAL MEDIA. FOLLOW US


To advertise with us or make enquiries, please visit 233times.net/advertise or call Selorm (Selorm) | Selorm (Nana Kwesi)