The incoming Akufo-Addo-led administration should not fault the outgoing government if the country is plunged back into another power crisis, a former Chief Executive of the Volta River Authority, Dr Charles Wereko-Brobby, has said. “There is so much expectation and when the baton has been passed over, you can no longer say that Mahama caused … Read more
The Minority is asking Parliament to suspend a new agreement brought before the House for the repowering of the Aboadze T3 power plant by AMERI. The 138 million dollar agreement if approved will see the provision of four gas turbine engines in Takoradi to boost the capacity of the T3 plant. Meanwhile, the minority believes relevant … Read more
The Ministry of Power is convinced that a possible cut in gas supply in the country won’t adversely affect the production of electricity. According to the Deputy Minister of Power, John Jinapor, the country’s power producers can rely on crude oil to power the various power plants to adequately serve the energy needs of Ghanaians … Read more
The Ministry of Power is convinced that a possible cut in gas supply in the country won’t adversely affect the production of electricity. According to the Deputy Minister of Power, John Jinapor, the country’s power producers can rely on crude oil to power the various power plants to adequately serve the energy needs of Ghanaians … Read more
The West African Gas Pipeline Company (WAPCo) has since June this year suspended supply of gas from Nigeria Gas to Ghana over unpaid bills by the Ghana government. The Volta River Authority owes Nigeria’s N-Gas about $180 million, while N-Gas in turn owes the Pipeline Company $104 million. The debt is however yet to be … Read more
There will be a 15- day interruption in gas supply from February and the month of March, a letter written by the Volta River Authority (VRA) has revealed. The Authority in the letter further indicated that “power from Ameri Energy will also not be available during that period.” The VRA has therefore called on managers … Read more
There will be a 15- day interruption in gas supply from February and the month of March, a letter written by the Volta River Authority (VRA) has revealed. The Authority in the letter further indicated that “power from Ameri Energy will also not be available during that period.” The VRA has therefore called on managers of … Read more
An intermission in Gas supply for the country is likely to result in power challenges over a 15 day period in February 2017 and the following month-March. A letter sighted by Kasapafmonline.com from the Volta River Authority(VRA) communicating the imminent challenge to key stakeholders in the sector said power from the AMERI Energy during the … Read more
Power supply is scheduled to be managed in February and March, 2017, according to a letter intercepted by 3news.com. The letter was written by the Chief Executive Officer of the Volta River Authority (VRA), Kirk Koffi, to his counterpart at the Ghana Grid Company (GRIDCo), advising “our Plant Managers to manage the power system during … Read more
Power supply is scheduled to be managed in February and March, 2017, according to a letter intercepted by 3news.com. The letter was written by the Chief Executive Officer of the Volta River Authority (VRA), Kirk Koffi, to his counterpart at the Ghana Grid Company (GRIDCo), advising “our Plant Managers to manage the power system during … Read more
Finance Minister Mr Seth Terkper has expressed optimism that there will be no reversal in the growth of the economy following the several investment and prudent policy measures put in place by the government. “Over the past four years, we have been following a path of fiscal consolidation from developments that go back into the … Read more
The newly elected Chairman of the Senior Staff Association of the Volta River Authority, (VRA), Cephas Duse, has revealed that the power producer is owed to the tune of five billion Ghana cedis. This he said is crippling the company’s effort to be financially viable. He mentioned the mining sector and the Electricity Company of … Read more
The newly elected Chairman of the Senior Staff Association of the Volta River Authority, (VRA), Cephas Duse, has revealed that the power producer is owed to the tune of five billion Ghana cedis. This he said is crippling the company’s effort to be financially viable. He mentioned the mining sector and the Electricity Company of … Read more
The Public Utility Regulatory Commission (PURC) has increased electricity tariff by 59.2 % and water tariff by 67.2% for residential consumers. The commission announced that changes are expected to take effective from December 14, 2015. A statement signed by Nana Yaa Jantuah Director of Public Relations at the PURC noted, “The significant change and increasing … Read more
Energy sector think-tank, African Centre for Energy Policy (ACEP), is predicting a supply deficit in the power sector in 2017 on the back of anticipated shortages in gas supplies to thermal plants. The gas supply shortages will be occasioned by the suspension of gas inflows from Nigeria and the persisting defects on the Floating Production, … Read more
Without exception, all the major international ratings agencies have predicted a budget deficit overrun in 2016, a projection that has a strong likelihood of occurring given official data showing the budget gap had already been breached in the first nine months of the year. In its final Monetary Policy Committee press report for 2016, the … Read more
The Volta River Authority (VRA) has set in motion a restructuring process, which will see it cede its non-core businesses to private investors, two years after the idea was initially advanced. Delineation of the non-core businesses is meant to ensure a more transparent budgeting for tariff requests by the authority to the PURC, so that … Read more
Staff of the Volta River Authority (VRA) have resumed activities to protest against allegations of a takeover of some properties of the Authority. It follows what the workers say is a breach of contract by the management of the VRA in the processes of protecting the assets of the authority. A statement issued by the … Read more
Workers of the Volta River Authority (VRA) and the Electricity Company of Ghana (ECG) earn substantial incomes and other conditions of service but are inefficient, resulting in the Authority being saddled by huge debts, Dr Edward Mahama, presidential candidate of the People’s National Convention (PNC), has said. Speaking during the Institute of Economic Affairs (IEA) … Read more
The government of Ghana should be held responsible for the huge debts incurred by state power producer Volta River Authority (VRA), Dr Papa Kwesi Nduom, presidential candidate of the Progressive People’s Party (PPP), has said. The VRA owes about 14 banks to the tune of $3.7 billion and is also indebted to N-Gas by $166 … Read more