Tag: MIDA
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MiDA receives equipment for ECG’s meter management system
The Millennium Development Authority, (MiDA) has received equipment for a modern Meter Management System (MMS) being set up for the Electricity Company of Ghana (ECG). The equipment, worth USD 12 million, has been procured with funds provided by the Millennium Challenge Corporation (MCC), an Agency of the United States Government, under the Ghana Power Compact…
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MiDA provides $1.5m to build Air Conditioner Testing Lab for GSA
The Millennium Development Authority (MiDA), is to provide 1.5 million dollars to the Ghana Standards Authority (GSA) to construct an Air Conditioner Test Containment Building and Testing Laboratory. The project is part of the Millennium Challenge Corporation Power Compact Two. Speaking to Citi Business News, a Technical Controller at MiDA, Ing. William Amuna, said the…
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Power disruptions caused by Pokuase BSP project to end by Monday – MiDA
The Millennium Development Authority, MiDA, has assured electricity consumers within parts of Accra West and East regions of the Electricity Company of Ghana, that recent disruption to power supply should be over by next week Monday, May 18, 2020. It will follow the completion of the relocation of all four of GRIDCo’s transformers to the…
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MiDA to construct sub-stations for three major health facilities
The 37 Military Hospital, the University of Ghana Teaching Hospital and the Noguchi Memorial Institute of Medical Research, are to benefit from two primary substations to be constructed at Kanda and Legon respectively. The project, which forms part of the Ghana Power Compact Program, is also to assist in reducing technical losses at the Electricity…
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Article: Botched PDS deal: MiDA on the radar
In March this year, the Power Distribution Services (PDS) assumed the responsibility of managing the retail, and distribution business of the Electricity Company of Ghana (ECG), following government’s decision to execute the second Millennium Challenge Compact with the U.S. government with the objective of, inter alia, increasing private sector investment and the productivity and profitability…
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MiDA cautions against hasty conclusion in ECG-PDS deal
The Millenium Development Authority (MiDA) has described as unfortunate the recent suspension of the private sector participation agreement signed between government and the Power Distribution Services owing to a “falsified” letter of guarantee. MIDA which superintended over the Electricity Company of Ghana Private Sector Participation (PSP) under the Millenium Challenge Compact 2, in a statement…
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IES raises concern as PURC, ECG delay major policy decision making
The Institute of Energy Security, IES, is warning that the technical and operational challenges within the ECG may escalate if the process for the handing over to the Power Distribution Services (PDS) is delayed any further. The IES also wants the PURC to be swift in announcing the new tariffs as the delay is impacting…
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Underpricing ‘killing’ utility providers in sub-Saharan Africa – World Bank
The World Bank has identified under pricing as the biggest threat to the survival of utility companies providing electricity, in sub-Saharan Africa. As a result, the Bank is predicting of a possible drop in private sector participation to improve operations of such companies if the situation remain unresolved. The World Bank attributes the worrying impact…
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Red flags over local content in ECG as bidders submit proposals (Audio)
Ghana could be losing significant benefits from the power sector in the absence of a local partner for the concessionaires bidding to assume management of the Electricity Company of Ghana (ECG). This is the concern of Policy Analyst with ISODEC, Dr. Steve Manteaw. His argument follows the submission of proposals by two companies bidding for…
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Bidders for ECG concession drops to two
Citi Business News can confirm that the number of bidders for the private sector participation in the Electricity Company of Ghana (ECG) has dropped to two. The latest follows the close of submission of request for proposals today, March 26, 2018. A statement from the Millennium Development Authority (MiDA) and copied to Citi Business News…