Vice President of IMANI Ghana, Bright Simons, has accused the Electricity Company of Ghana (ECG) of spending a colossal amount of $150 million of meters without a tender.

In a Twitter post on August 2, 2023, he noted that the company is "aggressively pushing for exemption from all procurement laws."

Mr Bright Simons based his assertion on a letter dated April 17, 2023, from the ECG in response to his request for documentation on the company's position on the Public Procurement Act on February 21, 2023.

According to the ECG, the Company, in accordance with its legal status as a private incorporated company, has as a matter corporate policy been operating without strict adherence to the provisions of the Public Procurement Act 2003 (Act 663) although theprinciples underpinning Act 663 have been incorporated in the Procurement Policy of ECG to ensure a judicious, economic and efficient use of the financial resources of ECG.

"We further agree to have our legal team hold themselves in readiness to engage with your team to better understand the position of the Company, should this be deemed necessary. Your cooperation in this regard is much appreciated," the letter added.

Mr Simons has been questioning the efficiency of the new ECG management under the leadership of Managing Director, Samuel Dubik Mahama, in recent times.

Meanwhile, former Power Minister, Dr. Kwabena Donkor has advised the Electricity Company of Ghana (ECG) to increase its efficiency if it wants to prevent financial losses.

According to him, ECG usually incurred losses due to technical and commercial mishaps during power distribution. This, he says, negatively impacts profit.

“The way out is first ECG has to improve its efficiency. ECG losses about 30% of power they buy either in technical loses or commercialise loses and their margin is not 30%,” he said.