{"id":670396,"date":"2019-08-02T16:18:16","date_gmt":"2019-08-02T16:18:16","guid":{"rendered":" <br><div data-io-article-url=\"https:\/\/www.adomonline.com\/audio-pds-concession-saga-govt-had-good-intentions-energy-committee\/\">\n            <div class=\"td-post-featured-image\"><img width=\"696\" height=\"398\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/"},"modified":"2019-08-02T16:18:16","modified_gmt":"2019-08-02T16:18:16","slug":"audio-pds-concession-saga-govt-had-good-intentions-energy-committee","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/02\/audio-pds-concession-saga-govt-had-good-intentions-energy-committee\/","title":{"rendered":"Audio: PDS concession saga: Gov\u2019t had good intentions \u2013 Energy Committee"},"content":{"rendered":"<p><\/p>\n<div data-io-article-url=\"https:\/\/www.adomonline.com\/audio-pds-concession-saga-govt-had-good-intentions-energy-committee\/\">\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"398\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2019\/08\/1564762696_624_PDS-and-ECG-1-696x398.jpg\"   alt=\"\" title=\"PDS and ECG\"\/><\/div>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"260px\" src=\"https:\/\/clip.afrad.io\/?clipId=now5ihxiatpu9jBya\" frameborder=\"0\"><\/iframe><\/p>\n<p>The Chairman of the Mines and Energy  Committee of Parliament, Emmanuel Akwasi-Gyamfi, has said government had good intentions when it entered into an agreement with Power Distribution Services (PDS) to the take over the management of the Electricity Company of Ghana.<\/p>\n<p>He said the motive of the concession agreement was to reduce power loses and subsequently reduce tariff and not to take advantage of citizens.<\/p>\n<p><strong>ALSO READ: Terminate PDS contract \u2013 John Jinapor advises<\/strong><\/p>\n<p>\u201cWe have power loses of over 23 percent and we all pay for it and so we entered into the agreement with the aim of reducing such loses and not to deceive anyone. We have good intentions and so blaming government is not the right thing to do now,\u201d he told Accra-based radio station, Neat FM, monitored by <strong>Adomonline.com.<\/strong><\/p>\n<p>The government, on Tuesday, decided to suspend a concessionary agreement with Power Distribution Services (PDS) for distribution of power in Ghana, with immediate effect following what it said was the discovery \u201cof fundamental and material breaches of PDS\u2019 obligation in the provision of Payment Securities (Demand Guarantees).\u201d<\/p>\n<p><strong>ALSO READ: NALAG pledges support for MMDCEs election<\/strong><\/p>\n<p>Details of the alleged breach revealed that the insurance guarantee presented by PDS was fraudulently procured.<\/p>\n<p>To Mr Akwasi-Gyamfi, government\u2019s due diligence was what revealed the breach by PDS.<\/p>\n<p>He assured that the current development will not interrupt electricity distribution in the country.<\/p>\n<p><strong>ALSO READ: Takoradi kidnapping: Accused persons\u2019 Facebook chats reveal coded language on kidnapping<\/strong><\/p>\n<p>He urged citizens to be calm as government has commenced investigations into the matter.<\/p>\n<p><strong>Source: Adomonline.com|Dorcas Abedu-Kennedy<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi-Gyamfi, has said government had good intentions when it entered into an agreement with Power Distribution Services (PDS) to the take over the management of the Electricity Company of Ghana. He said the motive of the concession agreement was to reduce power loses and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":670298,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-670396","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Audio: PDS concession saga: Gov\u2019t had good intentions \u2013 Energy Committee - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/08\/02\/audio-pds-concession-saga-govt-had-good-intentions-energy-committee\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Audio: PDS concession saga: Gov\u2019t had good intentions \u2013 Energy Committee - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi-Gyamfi, has said government had good intentions when it entered into an agreement with Power Distribution Services (PDS) to the take over the management of the Electricity Company of Ghana. 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