PDS takes over ECGThe Power Distribution Services (PDS) officially took over the power distribution operations from the Electricity Company of Ghana (ECG) early in the year. Meralco Consortium, a Pilipino Power Company won the bid to take over the operations of ECG is major shareholder in PDS. However, government terminated the concession agreement with Power Distribution Services (PDS) on claims of fraud in August. According to the Auditor-General, the Senior Minister did not seek parliamentary approval or consult the Public Procurement Authority before paying the money. This contract was awarded to B-Molie Limited, a company Mr Amoah said was a sister company of TDL.
Source: GhanaWeb December 29, 2019 08:26 UTC