The Electrical power Firm of Ghana (ECG) and the Electricity Distribution Solutions (PDS) have both agreed on some modalities to assure that there is no disruptions in electric power supply and services shipping in the country.
As portion of the modalities, equally providers have agreed to let PDS to carry on with “all pursuits associated to electricity retail sale.”
In accordance to a statement, jointly-signed by Ing. Samuel Boakye-Appiah, MD of ECG and Rev. Ing William Hutton-Mensah, CEO of PDS, Electrical power Distribution Products and services will be dependable for meter examining, billing, distribution of costs, monthly bill reconciliation, income collection, and new support connections.
PDS will also undertake disconnection exercises, substitution of defective meters and networks, fix works as very well as go to to complaints and fault reporting to the get in touch with centres.
“In gentle of the previously mentioned, all payments and other relevant things to do shall continue to acquire spot at PDS Regional and District offices, PDS present Client Company Centres, PDS licensed vending stations, PDS operated Income Points and banking institutions,” the assertion extra.
The providers in the assertion indicated that the arrangement “shall be in drive from 8th of August, 2019 until the reversal or or else by the Strength Fee.”
This arrives on the again of the Finance Minister’s directive for ECG to presume oversight responsibility of movement of funds to and from all accounts operated by PDS.
The Finance Ministry said it was also facilitating the unfreezing of the accounts of PDS.
“The Ministry of Finance is currently facilitating the de-freezing of PDS accounts to make sure that there are money to support the day-to-day functions,” the Finance Ministry stated in an previously letter to PDS, ECG and other sector agencies.
The Finance Ministry in the letter mentioned that: “PDS will carry on to operate their present lender accounts. PDS need to lodge all cash and cheque collections into the financial institution accounts intact. No workers of PDS is permitted to continue to keep any funds/cheque collected.”
ECG, according to the Finance Ministry, need to also be furnished with comprehensive revenue selection and expenditure studies on a weekly foundation and the related lender statements “to aid identical at the close of enterprise each day. ECG should approve all payments, transfers and disbursement of cash from the PDS financial institution accounts in advance of they are effected.”
“ECG must on a each day foundation be furnished [by PDS] with information of outflows from the earnings accounts,” the letter included.
Gov’t suspends PDS concession
The governing administration of Ghana on July 30, 2019 suspended a concession agreement with PDS for distribution of electricity in Ghana with fast outcome next what it claimed was the discovery “of essential and content breaches of PDS’ obligation in the provision of Payment Securities (Need Guarantees).”
Federal government afterwards declared that it had introduced a total-scale inquiry into the breaches and had set up a committee built up of gurus comprising insurance plan investigation gurus, officials of the Strength and Finance ministries and officers of the ECG and MIDA as well, which experienced 30 times to full the probe.
PDS offered solid document – Amewu
Electricity Minister, John Peter Amewu, subsequently explained investigations done by the government experienced set up that some of the documents presented by PDS as a warranty for the takeover were solid.