ECG Unveils GH¢3.46 Billion Plan to Boost Power Reliability

The Electricity Company of Ghana (ECG) has unveiled an ambitious GH¢3.46 billion investment program designed to tackle the nation's persistent power reliability issues. Acting Managing Director Kwame Kpekpena announced the comprehensive plan, which is structured into five categories based on urgency and implementation timelines. This strategic initiative underscores ECG's commitment to stabilizing electricity supply and significantly improving service delivery nationwide.

The initial phase, valued at GH¢278 million, will prioritize immediate interventions to stabilize the power grid and enhance voltage quality. Key measures include the installation of 2,500 new transformers to alleviate the strain on existing ones, the replacement of 1,600 deteriorated poles under the 'Operation Keep the Lights On' (OKLO) initiative, and the erection of 2,500 new treated poles to bolster the network's strength. Furthermore, the ECG will address faults in underground cable systems by providing essential termination and joint kits for both 33kV and 11kV networks. Substation upgrades across key regions, including Accra, Ashanti, Tema, and Volta, are also part of this critical first phase.

Looking ahead, the second phase, with an estimated cost of GH¢1.2 billion, is slated for implementation within six to 12 months. This phase will focus on more extensive network construction and reinforcement works. The overarching goal of this multi-billion cedi program is to dramatically improve power distribution efficiency, drastically reduce the frequency of outages, and ensure a more reliable electricity supply for all Ghanaians. This investment signals a significant step towards modernizing Ghana's energy infrastructure and meeting the growing demands of the nation.

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I’m happy to announce that with the support of the Ministry of Energy and Green Transition, we are committed to executing this investment programme.