Theophilus Tetteh Ahia, Chairman of the Senior Staff Association of the Volta River Authority (VRA), has once again raised concerns over the proposed merger of the Bui Power Authority and VRA, questioning its effectiveness in reducing energy costs for consumers.
This follows the government’s proposed bill to merge the Electricity Company of Ghana Limited (ECG), Bui Power Authority, Northern Electricity Distribution Company (NEDCO), and the VRA into two separate entities.
In an interview on Eyewitness News on Citi FM on Friday, Mr Ahia highlighted significant issues within the energy sector, emphasising that VRA currently offers the lowest cost per kilowatt hour in Ghana’s market.
He pointed out that Independent Power Producers (IPPs) contribute about 50% of the country’s energy demand, making the merger proposal questionable.
“There is a big problem in the sector. The VRA today is the cheapest in terms of cost per kilowatt hour in the market space in Ghana. The IPPs are there and contribute about 50% of the energy demand of this country.
“So when we say we are merging Bui and VRA, that notwithstanding again, the cost per kilowatt hour at Bui is far higher than VRA.”
“So the agenda to say when I put Bui and VRA together it is going to bring the cost down to the consumer is neither here nor there. How will that happen?” Ahia stated.
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