The Senior Staff Association of the Volta River Authority has accused the government of deliberate attempts to separate the VRA thermal assets for onward sale to private investors and faceless politicians with its proposed energy bills.
The proposed bills seek to merge the Electricity Company of Ghana Limited (ECG), Bui Power Authority, Northern Electricity Distribution Company (NEDCO), and the VRA into two separate entities.
Addressing journalists in Parliament on Thursday, October 17, the Chairman of the Senior Staff Association of the VRA, Theophilus Tetteh Ahia, urged Members of Parliament to kick against the proposed energy bills, arguing that they do not serve Ghana’s interest.
“The merger is not in the best interest of this country. As we are all aware, ECG is facing challenges and is not able to make payments.
“As we speak today, ECG’s indebtedness to the VRA is over GH¢2 billion and that of the IPPs is over $1.5 billion, and so how can we achieve the objective as it is being espoused in the bills that we are bringing efficiency and reducing the cost of electricity and also reducing the government’s financing of this sector?
“We are saying that is not the true objective. The real objective is the separation of the VRA thermal asset and eventual sale to private persons.”
