{"id":413502,"date":"2018-03-26T18:58:02","date_gmt":"2018-03-26T18:58:02","guid":{"rendered":"http:\/\/citifmonline.com\/?p=413502"},"modified":"2018-03-26T21:58:39","modified_gmt":"2018-03-26T21:58:39","slug":"bidders-ecg-concession-drops-two","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2018\/03\/bidders-ecg-concession-drops-two\/","title":{"rendered":"Bidders for ECG concession drops to two"},"content":{"rendered":"<p><strong>Citi Business News<\/strong>\u00a0can confirm that the number of bidders for the private sector participation in the Electricity Company of Ghana (ECG) has dropped to two.<\/p>\n<p>The latest follows the close of submission of request for proposals today, March 26, 2018.<\/p>\n<p>A statement from the Millennium Development Authority (MiDA) and copied to\u00a0<strong>Citi Business News<\/strong>\u00a0said that at the close of the submission, two companies namely; BXC Ghana and Manila Electric Company (MERALCo) had submitted their bids.<\/p>\n<p>It is interesting to note that French\u00a0electricity conglomerate EDF and French\u00a0transnational\u00a0company Veolia, together with their local partners CH Group, did not put in bids for the private participation.<\/p>\n<p>The businesses had raised concern over the 51 percent local stake in the new entity.<\/p>\n<p>It is unclear what led to their latest decision.<\/p>\n<p>Meanwhile MiDA says the evaluation of the bids is expected to be completed in April 2018.<\/p>\n<p><strong>Read full statement below;<\/strong><\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-82490 size-full\" src=\"http:\/\/citibusinessnews.com\/wp-content\/uploads\/2018\/03\/MiDA-submit.jpg\" alt=\"MiDA submit\" width=\"482\" height=\"520\" \/><\/p>\n<p>&#8211;<\/p>\n<p>By: Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Citi Business News\u00a0can confirm that the number of bidders for the private sector participation in the Electricity Company of Ghana (ECG) has dropped to two. The latest follows the close of submission of request for proposals today, March 26, 2018. A statement from the Millennium Development Authority (MiDA) and copied to\u00a0Citi Business News\u00a0said that at [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":34785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,171,170,11],"tags":[332,2002,916],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bidders for ECG concession drops to two - Citi 97.3 FM - Relevant Radio. 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