International

VRA workers kick against proposed sale of thermal plants

Workers of the Volta River Authority (VRA) are bent on preventing the government from selling off some of the Authority’s thermal plants.

The workers say the proposed sale of the thermal plants if seen through, will be detrimental to consumers and workers of the Authority.

According to the workers, the sale will result in, among other things astronomical electricity bills, power distribution to key institutions if bills are not paid on time and layoffs.

The workers at a news conference Tuesday, are livid about the government’s intentions and want it reversed, Joy News Maxwell Agbagba reported.

Chairman of the Senior Staff Association, Cephas Duse said the sale of VRA’s thermal assets and “significant portions of the energy sector may lead to higher energy bills as evident in the higher cost per kilowatt hour for the IPP’s. We sell at 41 pesewas, they sell at 54 pesewas.

“The sale of VRA’s thermal assets will expose distribution companies and Ghanaian consumers to additional foreign exchange exposures,” he added.

The government last month advertised the sale of at least the majority stake of some thermal plants owned by the VRA.

The advertisement, which was placed in the Daily Graphic indicated that the sale forms “part of the government’s efforts to restructure the energy sector.”

Government also said the VRA was not doing a good enough job with the management of the thermal plants, and should focus on just hydro power generation.

But the move has been condemned by workers of the Authority and the Minority. The Minority believes the sale of the assets should not be an option for government.

The workers say if government is indeed interested in making the Authority efficient, profitable and help it compete favourably in the energy market, they should ensure that the Authority’s assets are not sold out.

They want government to constitute a governing board immediately for VRA as prescribed in Section 3 of the VRA Act.

“I urge those in the Ministry of Energy and Finance Ministry to stop micro-managing VRA and allow the governance structures to work.

“What VRA needs at this material moment is a board and the debts in the power sector cleared to make VRA’s books look good,” Mr Duse said.

He added that government should stop compelling the VRA to sell power to customers like the Volta Allummnium Company (VALCO) at subsidised rates.

“Somebody must pay for the power, there is no free lunch,” he said.

credit:myjoyonline

Apt News Desk

Share
Published by
Apt News Desk
Tags: VRA

Recent Posts

Trump Agrees to Grant Visa to Mother of Javits Frimpong After Mamdani Intervention

US President Donald Trump has reportedly agreed to grant an immediate visa to Doris Adu…

24 minutes ago

GH¢100,000 Bounty: Police Hunt Samuel Osei Anto After Sakumono Double Murder

The Ghana Police Service has intensified its search for Samuel Christopher Osei Anto, the principal…

45 minutes ago

Kevin Taylor Questions Calls to Remove Nana Toku as NDC Western Regional Chairman Despite 15-Seat Victory

Loud Silence Media founder challenges critics to justify proposed leadership change ahead of NDC's 2028…

1 hour ago

NAIMOS STEPS UP GALAMSEY CRACKDOWN IN AMENFI CENTRAL AS MINERS FLEE BODIE AND NYAMEBEKYERE OPERATION

The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has intensified its campaign against illegal mining in…

16 hours ago

GH¢100,000 Reward: Police Arrest Woman, Declare Suspect Wanted Over Sakumono Double Murder

The Ghana Police Service has arrested a 47-year-old woman, Beatrice Mumuni, in connection with the…

1 day ago

9% Salary Rise: Are Ghanaian Workers Being Shortchanged? Public Sector Employees Demand More

Ghana's newly announced 9% public sector remuneration increase for 2027 has triggered fresh debate over…

1 day ago

This website uses cookies.