MCC Modernizing ECG Operations Activity

Ghana Power Compact - Financial and Operational Turnaround ECG1 - Modernizing ECG Operations Activity: The project consists of five Activities that, taken together, are intended to reduce implicit subsidies (created by losses, underpricing and underbilling), ensure ECG runs on sound commercial principles to become creditworthy and serve as a credible offtaker under purchased power agreements, and ensure ECG recovers its costs and invests in maintenance and expansion without requiring regular financial support from the Government.

The ECG Financial and Operational Turnaround Project pursues a two-pronged approach to strengthening the governance and management of ECG by bringing in an Acceptable ECG PSP Provider through a form of PSP coupled with infrastructure and foundational investments designed to reduce technical, commercial and collection losses and improve service quality.

The Modernizing ECG Operations Activity is designed to introduce modern tools to the Electricity Company of Ghana ("ECG"), build the capacity of ECG's staff to use the tools, and provide a robust communication network for ECG.

It also includes a number of interventions to support development of the integrated loss management approach to utility turnaround and to help ECG Target Regions within its service territory implement change as well as support ECG with program management of commercial and network improvements.