Workers of the Electricity Company of Ghana have been given the assurance that their jobs are secure under the 20-year concessional agreement.

The Energy Minister, Boakye Agyarko who disclosed this said that the government has now secured an agreement with the concessionaires not to lay off any workers during the 20-year period of the concessional agreement.

The workers of the power distribution company have been kicking against an arrangement which would see the company handed to a concessionaire for the next 25 years.

READ ALSO: CID investigates $2.3bn 'shady' gold export

There were moves to block the deal last year, but all that failed.

The workers are now saying that the government must pay them severance packages before the new managers take over.

But reacting to the demands at a press conference, Mr. Agyarko said that workers of ECG who want their severance packages will not be prevented, but must leave the company after receiving those packages.

Under the new Millennium Challenge Power Compact agreement programme, Ghana will receive a US$469,300,000 with a new management for ECG.

About US$350 million is expected to be channelled into the modernisation of the ECG and the reduction of commercial losses by the company.