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
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
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 Electoral Commission chose to appeal to the Supreme Court over the disqualification case, although one didn’t need to be a lawyer to conclude that it had no case. And Ghana lost to Egypt 2-0 in a World Cup qualification match, bringing memories of how low our football administration has sunk, what with the dollars-by-aeroplane … Read more
The Director of Operations at Electricity Company of Ghana (ECG),Tetteh Ankamah Okyne, says the power cut the nation is currently experiencing is due to the activities of vultures and other birds, stressing that, it is working hard to address the problem. The company disclosed this last week when the Public Utility Regulatory Commission convened a … Read more
The Director of Operations at Electricity Company of Ghana (ECG),Tetteh Ankamah Okyne, says the power cut the nation is currently experiencing is due to the activities of vultures and other birds, stressing that, it is working hard to address the problem. The company disclosed this last week when the Public Utility Regulatory Commission convened a meeting … Read more
The West Africa Gas Pipeline Company (WAPCo) has said it is ready to resume transportation of some 30 million standard cubic feet per day of gas to the Volta River Authority, although it expects the latter to fully settle US$50 million out of its US$162 million debt as soon as possible. In June 2016, WAPCo … Read more
The West Africa Gas Pipeline Company (WAPCo) has said it is ready to resume transportation of some 30million standard cubic feet per day of gas to the Volta River Authority, although it expects the latter to fully settle US$50million out of its US$162million debt as soon as possible. In June 2016, WAPCo and the gas … Read more
Labour consultant, Mr Austin Gamey has attributed the impasse at the Electricity Company of Ghana (ECG) to the lack of transparency in government’s decision to cede the company to a private investor. According to him, the workers have no assurance or proper guarantee of keeping their jobs. “The future of the workers is unknown to … Read more
Some workers of the Volta River Authority (VRA), have indicated they want the Chief Executive of Authority, Kirk Coffie, sacked, citing administrative incompetence and conflict of interest. The group, calling itself Legitimate Stakeholders, says the management of the VRA has failed to protect the interest and survival of the authority in the attempted takeover of … Read more
Government owes power producers and the Electricity Company of Ghana (ECG) over GHC3 billion. The amount comprises GHC2.2 billion owed by Volta River Authority (VRA) to its lenders and a ‘legacy debt’ of GHC728 million owed ECG by government. The total debt excludes other monies owed Independent Power Producers (IPPs). The situation led to the … Read more
Government has reached an agreement in principle with local banks to restructure the debts of State Owned Enterprises (SOEs). The agreement with the banks is expected to ensure the repayment of SOEs’ legacy debt which poses risk to the banking sector. Finance Minister, Seth Terkper, who disclosed this at a press briefing in Accra yesterday, … Read more
Financial Analyst, Sydney Casley Hayford has said government will eventually privatise the Volta River Authority since it has become financially handicapped to continue operating as a state owned enterprise. Speaking on Citi FM’s News Analysis Programme, The Big Issue, Sydney Casley Hayford argued that the VRA has become financially unprofitable because the Authority is cash … Read more
It has emerged that government is tied to commit a whopping sum of 130 million dollars to AMERI on the planned ceding of the T3 plant in the Aboadze thermal enclave. The Minority Spokesperson on Energy, K. T Hammond is alleging that a classified document he’d intercepted covering the supposed transaction in the T3 project … Read more
The management of the Volta River Authority (VRA) appears to be at odds with its staff as it has come out to say its workers are not striking in protest of the planned ceding of the Aboadze T3 plant to AMERI. Speaking on Eyewitness News, the Head of Corporate Communications at the VRA, Getrude Koomsoon, … Read more