The government has laid before Parliament a Legislative Instrument (LI) that would require all future power generation contracts to go through competitive bidding, as part of efforts to tackle inefficiencies in Ghana’s energy sector.
The Minister of Finance, Dr. Cassiel Ato Forson, announced on April 23, 2025, during a session on the Ghana Energy Compact under Mission 300, organized by the World Bank in Washington.
He said the proposed regulation is aimed at improving transparency in power procurement and securing better value for money.
“We have submitted the LI to Parliament to make competitive procurement of power plants the standard approach,” Dr. Forson said. “If we are serious about fixing the deep-rooted problems in the energy sector, this is a necessary step.”
