Tag: ECG
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ECG Wins Big as PDS Compensation Claim is Dismissed in London Arbitration
ECG Triumphs in London Arbitration A London-based arbitration tribunal has ruled in favor of the Electricity Company of Ghana (ECG), substantially rejecting the $390 million compensation claim lodged by Power Distribution Services Ghana Ltd. (PDS). The decision marks a decisive turn in a long-running dispute over the termination of PDS’s management contract for ECG, a…
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PDS loses $390m claim as London arbitration tribunal rules in favour of ECG
London Arbitration Rules in Favor of ECG, Denies PDS Compensation A London-based arbitral tribunal has delivered a decisive ruling in favor of the Electricity Company of Ghana (ECG), effectively dismissing Power Distribution Services Ghana Ltd. (PDS) claim for around $390 million. The decision, which stems from a dispute over the termination of PDS’s management contract…
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PDS Loses $390m Claim in London Arbitration Ruling
London arbitration tribunal rules in ECG’s favor, dismissing PDS claim A London-based arbitration tribunal has ruled against Power Distribution Services Ghana Ltd. (PDS) in a high-profile dispute tied to the termination of its management contract with the Electricity Company of Ghana (ECG). The arbitral award substantially rejects PDS’s demand for compensation following the termination, signaling…