The Institute for Energy Security (IES) has admonished the government to strengthen the Volta River Authority (VRA), Bui Power Authority, Electricity Company of Ghana (ECG), and Northern Electricity Distribution Company (NEDCo) to make them more efficient.
The institute believes it would rather be prudent to strengthen them than to dismantle them.
The call was made through a statement issued by IES following the decision by the government to merge VRA with Bui Power Authority, the combination of ECG with NEDCo, and the establishment of an independent Thermal Power Authority.
This proposal has faced opposition from the Staff Groups of the Volta River Authority (VRA).
The Staff Groups argued that the proposed draft bill seeking to merge these institutions is not in the best interest of Ghanaians and could have severe consequences for the VRA and the nation.
Commenting on the issues IES in it’s statement signed by Nana Amoasi VII, Executive Director noted that “While the proposed merger and restructuring of Ghana’s power sector may have its proponents, we believe that the risks far outweigh the benefits in its current form.”
“The focus should be on stabilizing and strengthening the existing institutions such as the VRA, Bui Power Authority, ECG, and NEDCo, rather than dismantling them.
“We urge the government to reconsider the bill and work towards solutions that preserve Ghana’s energy security, affordability, and long-term sustainability.”
Read the full statement below
By: Rainbowradioonline.com/Ghana