Energy Minister Boakye Agyarko has assured the Electricity Company of Ghana workers that their jobs are secure under the 20-year concessional agreement.
He said government has renegotiated an earlier provision that barred any new managers from lying off workers only within the first five years of the implementation of the agreement.
The minister said Government has now secured an agreement with the concessionaires not to lay off any workers in the entire 20-year period of the concessional agreement.
Workers of the ECG have been protesting an arrangement which would see the company handed to a concessionaire for the next 25 years.
When the attempts to block the deal failed last year, the workers now say the government, which is the sole owner of the company must pay them severance packages before the new managers take over.
Ghana will get a US$469,300,000 with a new management for ECG under the new Millennium Challenge Power Compact agreement program.
The aim of the Ghana Power Compact is to create a financially feasible power sector to meet the present and future needs of households and businesses, and to help fight poverty across Ghana.
Workers are demanding a division package ahead of the implementation of the concessional agreement.
