The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has announced that the Electricity Company of Ghana (ECG) has saved the nation over US$300 million following a major review and cancellation of non-performing and overpriced contracts. The revelation came during the minister’s official visit to the ECG headquarters in Accra.
According to Hon. Jinapor, the review covered 347 contracts, out of which 202 were terminated, saving significant public funds. He added that over 100 additional contracts are still under scrutiny to ensure they deliver real value for money and align with ECG’s operational reforms.
The minister noted that the government inherited a heavily indebted power sector plagued by weak procurement systems and poor revenue collection, with sector debts surpassing GHS 80 billion. However, ongoing reforms have led to improved efficiency, better coordination, and a more stable electricity supply nationwide.
Highlighting ECG’s financial turnaround, Hon. Jinapor disclosed that the company achieved its highest-ever monthly revenue in June 2025, reaching GHS 1.678 billion, a 47.3% increase compared to June 2024. This improvement, he said, has strengthened ECG’s capacity to honor its financial commitments to Independent Power Producers (IPPs), with total payments rising to US$1.47 billion in 2025.
Hon. Jinapor also addressed the issue of over 2,600 uncleared energy-sector containers stranded at Ghana’s ports, confirming that 1,344 have been evacuated while the remaining are under clearance. He revealed that the matter is now part of a security investigation and prosecution process, emphasizing the government’s zero-tolerance stance on corruption and mismanagement.
The minister issued a stern warning to ECG staff against corrupt practices such as unauthorized meter sales and revenue diversion, insisting that those found guilty would face administrative sanctions, criminal investigation, and prosecution without exception.
Conversely, he assured honest and hardworking employees of government protection, urging them to report misconduct through official channels to safeguard transparency.
Jinapor reaffirmed the government’s commitment to transparency, accountability, and efficiency in the energy sector, pledging continuous reform to ensure ECG remains strong and reliable.
He concluded with a call to collective responsibility, stating, “When ECG is strong, Ghana is strong. Let’s work together not just to keep the lights on, but to power a brighter future for all.”