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Monday 19 February 2018


[N] Akyem Asuom: Ursula Named Nkosuohemaa
[N] Funding for Free SHS not a problem -Assibey Yeboah


[N] E/R: Driver, 19, Jailed 8 Years For Kidnapping And Defiling Girl, 13
[N] Special Prosecutor could wait till 2019 if parliament misses 2017 passage   
[N] Petroleum Revenue Mgt. Act breached for 7-yrs running – PIAC
[N] CEDTAG Strike action leaves colleges of education deserted
[N] Nduom is not presidential material -Maurice Ampaw
[N] Police blame Kasoa violent attacks on under-staffing


[N] GMA indicts gov't for failing to employ medical doctors
[N] Ministers are not allowed to use sirens; Police order immediate removal
[N] Stay focused and deal with your controversies – Nana Addo to Zoomlion Boss
[N] We will face criminals boot for boots with ‘Father Xmas’ Operation -Ken Yeboah
[N] Step aside – Group to NDC Chairmen
[N] School Feeding Coordinators Trade Insults Over Naabu & Otiko
[N] Major Mahama bill passed


[N] Free SHS: Ablakwa Donates Furniture to Schools
[N] Girls with excessive make ups may have ovary tumour – doctor
[N] Visitors pay GHc2 to see prisoners
[N] Consider our request to contest 2020 polls -NDC Chairmen to Mahama
[N] Colleges of Education still closed as talks over arrears fail  
[N] Economic policies paying off - Prez
[N] Cancer disfigures head of 2-year old, sticks mother with ¢12,000 bill
[N] There is corruption in police service- COP Ken Yeboah
[N] 3 arrested in Kumasi for robbing, raping victims


[N] Help Gov’t to achieve its revenue targets -Nana Addo to GHAPOHA
[N] NPA to close down 35 more high-risk LPG stations nationwide
[N] Uber adds Paid Wait Time; additional features for driver-partners
[N] ‘Bawumia is only confident, he knows nothing’- Minority
[N] A/R: Queen mothers grateful to 1st lady for KATH mother & baby unit
[N] If our bond was issued at 20% it would have been oversubscribed- Kwarteng hits b
[N] Tiger Eye F’dation Partners Klarity To Fight Corruption
[N] AG’s application against Indian businessman dismissed again


[N] Bawumia behaving like a ‘heartless’ serial caller – Ofosu Kwakye
[B] 2018 budget to improve domestic revenue collection
[N] 24,377 cattle, 225 owners registered in Kwahu
[N] New agency inaugurated to boost revenue collection in oil and gas sector
[B] New Drivers’ License to be launched today
[N] Tell the true African stories through your writings – Nana Addo to PAWA
[B] Investor uncertainty, others impacted energy bond  


[N] Sack Freddie Blay for defending Ayisi Boateng – Alhaji Sani
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[ 2017-05-23 ]

MIDA sets eyes on financially viable bidder for ECG concession

ECG concession: bidders reduced to 6; MIDA sets eyes on financially viable bidde
The Millennium Development Authority (MIDA) has
assured Ghanaians that it will select a
financially viable concessionaire for the
Electricity Company of Ghana (ECG). This was made
known at the first bidders’ conference held in
Accra to take bidders through the processes and
requirements involved in the concession of the

The ECG has been riddled with lot of challenges
including financial and managerial, and the
concession programme forms part of measures to
review the company. Per the agreement, government
will have a 51 percent stake, while the
concessionaire takes 49 percent.

About 140 companies tendered in their bids to
manage ECG out of which 11 were shortlisted.
Meanwhile the government has reduced the number
further down to 6 whose documents are being
considered that would lead to the selection of one

Speaking to the media at the conference, chief
executive officer of MIDA engineer Owura Sarfo
says the authority will do due diligence in
selecting a concessionaire that has the financial
muscle to turn the fortunes of the power
distributor around.

He said “Each of them will need to demonstrate by
their documents that they have the capacity, and
that will be evaluated by the evaluation
committee. We know the si

tuation at stake and we will make sure that
whoever is selected can perform”. “The right
person with the sound financial standing will be
selected”, he added. He added that the contract
will be subjected to yearly review for effective

“We have a number of performance indicators that
the concessionaire will have to meet. At the end
of every year the contract will be reviewed as
well as the end of every year 5 year”, he stated.

Mr. Owura Sarfo said, “There will be sanctions if
they do not perform according to what has been

Source -

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