Audio By Carbonatix
The Volta River Authority (VRA) says it is re-positioning and bracing itself for competition which will arise in the next few years when Independent Power Producers (IPP’S) begin their formal operations.
As part of activities geared towards the achievement of that strategic plan for the competition, management of the VRA has taken the VRA Press Corps through a day’s seminar and interaction with management on what members of the general public should be expecting from the VRA.
In this respect, the VRA will be undertaking some series of activities that will make the authority function effectively and efficiently in their bid to remain the leader of power supply in the sub-region.
A senior engineer of the VRA, Kwaku Wiafe, said with actions such as refurbishing its equipment and shedding off some of its non-core functions, they will be ready for competition.
Mr. Wiafe believes with the advent of four Independent Power Producers such as the Sonon-Asogli Power Station, and the West African Gas Pipeline (WAGP) as well as the West African Power Pool (WAPP), the VRA may in the next five years embark on restructuring exercises such as divesting itself of non-core functions.
Among some of the major non-core functions it may do away with are the Kpong Farms, the Health Boat Christened the Onipa Nua, Schools, the VRA hotels and its transportation system. VRA intends to find partners who will manage them for profitability, reduce cost and improve on their efficiency.
The Volta River Authority was established on April 26, 1961 by an Act of Parliament, Act 46 to provide power supply within Ghana and the Sub-region. With a total power supply of 1969 mega watts, it has a mix of hydro and thermal and a labour force of about 3000.
Story by Kojo Asare-Baffour Acheampong
Asempa 94.7FM
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
-
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
1 minute -
Government to add constitutional referendum to 2027 District Assembly elections
48 minutes -
Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister
2 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
2 hours -
Galamsey: ‘Challenge is prosecution, not arrest’ — Lands Minister
3 hours -
MTN to build 80 new sites across the five regions of the north as part of a $1.1bn investment
4 hours -
The Polygamist’s creator says women see themselves reflected in her Netflix hit
5 hours -
UEW Hospital suspends OPD services over GAUA strike
6 hours -
Muzic Mensah selected for Boomplay’s inaugural ‘NEXT WAVE’ Programme
6 hours -
Prime Insight to tackle legal vacation controversy and $1million AKSA bribery case
7 hours -
Ghanaian evacuee from South Africa dies on arrival in Accra
7 hours -
Suicide and the fight to stay alive
8 hours -
POS Foundation raises alarm over student cohabitation, sexual harassment on university campuses
8 hours -
Nandom NPP primary heats up as four candidates enter 2028 race
8 hours -
Mangione admits killing healthcare CEO and pleads guilty to federal charges
9 hours