Business News of Thursday, 24 October 2019

Source: peacefmonline.com

ECG officially takes over from PDS

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The Electricity Company of Ghana (ECG) has officially taken over power distribution from the Power Distribution Services (PDS).

A statement dated 23rd October, 2019 indicated that ECG has assumed full operational and financial control which was being managed by the PDS.

This comes after government’s termination of its concession agreement with Power Distribution Services (PDS) on claims of fraud.

According to the statement, “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”.

“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,” the press statement said.