Audio By Carbonatix
State power generator, Volta River Authority (VRA) says increasing utility tariffs is the surest way of saving the authority from collapsing.
The VRA over the past months has been making a strong case for an upward review of utility tariffs.
Some consumers have however argued that the power generator should look at collecting all monies owed it to address shortfalls in credit for its operations.
Meanwhile, Chief Executive of VRA, Kweku Awotwi tells Joy Business though it is working to collect all monies, but this would only stabilize the situation in the short term.
Mr. Awotwi however maintains arguments that consumers cannot bear any upward increase might not be that accurate.
Meanwhile, Joy Business has gathered that the Public Utilities Regulatory Commission has began its first round of stakeholder meetings on utility tariff review with the ministries of Finance, Works and Housing and Energy and Petroleum
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Bolivian president warns country at ‘breaking point’ after month of protests
21 minutes -
Jill Biden says she thought husband was having a stroke during 2024 debate
24 minutes -
Countries tighten travel rules as Ebola risk rises
27 minutes -
Gold hits two-month low as US-Iran tension stokes inflation fears
30 minutes -
Toyota sales drop for third month on declines in China, Middle East
33 minutes -
Trump refiles $10bn defamation suit against WSJ over report on Epstein ties
42 minutes -
Kenya school fire kills at least 10 students, media say
47 minutes -
Don’t cry urgency – Majority Chief Whip warns NPP over LGBTQ bill debate
54 minutes -
We can pass it by Friday – Dafeamekpor signals rapid move on LGBTQ bill
1 hour -
We are not reenacting anything – Majority Chief Whip defends swift LGBTQ bill push
1 hour -
LGBTQ bill will be passed in weeks, not months Majority Chief Whip Dafeamekpor
2 hours -
Thai court acquits opposition politician accused of royal insult
2 hours -
Google worker charged with using internal data to make $1.2m on bets
2 hours -
The world’s carmakers are struggling to compete with China
2 hours -
Oil prices jump after US launches new attacks on Iran
2 hours