The Ministry of Energy and Green Transition has welcomed the ruling of the London Court of International Arbitration (LCIA) in the long-running dispute between Power Distribution Services (PDS) Ghana Limited and the Electricity Company of Ghana (ECG), describing the outcome as a major vindication of government’s position on the controversial concession.
The LCIA dismissed all claims filed by PDS after the termination of its concession agreement with ECG, concluding that the company’s demands had no merit.