Tag Archives: PDS

The Minority in Parliament has alleged that there is a massive collusion between government and owners of Power Distribution Services (PDS) for the reinstatement of the botched Power concession agreement. Addressing the press in parliament, minority spokesperson on Mines and Energy, Adam Mutawakilu said a recent announcement by the Information Minister, Kojo Oppong …

Power Distribution Services Limited (PDS) has sued the government of Ghana for wrongful termination of its contract with the state. This was disclosed by Information Minister Kojo Oppong Nkrumah. “Yes, PDS has sued the government in the court here in Ghana…wrongful termination is one of their claims”, Mr Nkrumah noted. …

Power Distribution Services Limited (PDS) has said it is “carefully weighing its options” as far as its response to the Government of Ghana’s termination of its power distribution deal with the private firm, adding that it “continues to reserve all its rights under the transaction agreements and applicable laws to …

The government of Ghana announced the termination of the Private Sector Participation (PSP), the concession, in the Electricity Company of Ghana (ECG) between the country and the Power Distribution Services (PDS). This decision was arrived at after over a month’s delay in government’s commitment to communicate its decision to the …

Government says it is hopeful the country’s energy sector will witness improved efficiency when ongoing reviews in the sector are completed. A review of take or pay clauses in power purchase agreements is currently underway following the set-up of a steering committee under the Energy Sector Recovery Task Force, assigned …

Former President John Mahama has started a spat over the termination of the Power Distribution Services (PDS) concession, describing the action as a self-serving, shady and needless decision. Even before the ink dried over his abrasive words, the government had fired back at him with remarks that his expression lacked …

The government’s decision to abrogate the power concession agreement with Power Distribution Services (PDS) has elicited strong reactions from some energy sector think tanks and political actors. The Institute of Energy Security (IES) and the biggest opposition party, the National Democratic Congress (NDC), have welcomed the cancellation of the “stinky” …

It has emerged that the Millennium Challenge Corporation (MCC) asked the Ghana government, through the Finance Minister, to reinstate PDS to their original position as managers of Ghana’s power sector before the contract was terminated by Ghana. A letter from MCC to the finance minister sighted by Starr News said …

  The opposition National Democratic Congress (NDC) claims it has intercepted a document that allegedly exposes a clandestine plan by the government to loot the assets of the Electricity Company of Ghana (ECG). The intercepted document, a letter addressed to the Chairperson of Millennium Development Authority (MiDA), Professor Yaa Ntiamoa-Baidu, …

Transaction advisors in a concession agreement with energy company, Power Distribution Services (PDS) have been accused of shifting blame after controversy gutted the agreement. In the controversy, Power Distribution Services (PDS) have been found to lack the financial capacity to provide $12.5m in guarantees when they took over ECG management …