
Audio By Carbonatix
The Africa Centre for Energy Policy (ACEP) has raised concerns over government’s decision to enter into a sole-sourced agreement with Mytilineos Holdings to transport and operate the Ameri-powered plant.
According to the Energy think tank, the deal is not financially sound and doesn’t favour the country.
ACEP’s Policy Lead, Petroleum and Conventional Energy, Kojo Yaotse at a press briefing insisted that the agreement has been padded by several millions of cedis.
“We note that the transfer of titles did not contain any liabilities for delivering on the commitment. The decision to absorb Ameri of its responsibilities, to put the plant as its original equipment manufactory recommended state before the transfer, is erroneous and sins against the terms of the BOT agreement and by extension the interest of Ghana,” Mr Yaotse said on Tuesday.
To prevent the country from losing money, the Policy lead recommended that government should allow the Volta River Authority (VRA) to take over the operation of the Ameri plant.
“Under no circumstance should the maintenance and operations of the plant be outsourced to any contractor. VRA must own and operate the plant per the deed of assignment dated August 17, 2016, for which they were trained by Ameri,” he noted.
Latest Stories
-
MobileMoney Fintech launches Ride with MoMo to digitise fare payments for Pragya riders
6 minutes -
Community banking sector grows to 147 institutions, serving over 8m customers – BoG
14 minutes -
T-bills remain dominant component of banks’ investments, account for 64% of investments
24 minutes -
Delays in chieftaincy cases undermine public confidence — Otumfuo to judiciary
24 minutes -
More than 800 Canadian wildfires burning as air quality alerts extend to US
32 minutes -
Teenager accused of carrying out sabotage actions in Poland for Russia
32 minutes -
National House of Chiefs mourns passing of Ya-Naa Abukari II
33 minutes -
Investigation into parking tickets for drivers queuing at petrol stations
33 minutes -
Otumfuo recounts how political interference sidelined chieftaincy after independence
35 minutes -
Gov’t targets 70% local fuel supply through refinery expansion
38 minutes -
Judiciary must preserve, reform and renew — Chief Justice
49 minutes -
Supreme Court at 150: Justice belongs to the people, not judges — Chief Justice
54 minutes -
Government to make fresh budgetary allocation to continue BoG recapitalisation in 2027
1 hour -
NPP-USA set to elect new leadership at 2026 branch delegates conference
1 hour -
Policy just saved Achimota Forest. But culture must save the people – creatively
1 hour