The Volta River Authority might be listing on the Ghana Stock Exchange afterall, at least that is according to the power company’s CEO, Kweku Andoh Awotwi. Joy FM recently carried a report about VRA’s intention to list on the Ghana Stock Exchange (GSE) but that is yet to materialize. But the VRA CEO says it was an idea the company tried exploring with some banks though it had at the time not sought permission from the VRA Board to carry through the idea. But speaking on pm: EXPRESS personality Friday on Multi TV, the VRA boss said VRA would have to consider the issue of listing on the bourse to foot its capital programs. Citing examples from South American companies, he noted, “they often list on their local stock exchange which provides empowerment to local people, visibility to state institutions, bring capital to allow them to do things”. Mr. Andoh Awotwi explained that though the VRA has no timelines for enlisting on the GSE, the move will be possible in the future especially since VRA needs capital for its programs. “Listing on the GSE would be a way to raise long-term funds as well as bonds” he said. For now, VRA is looking at other hydro options expected to generate 250megawatts of power to augment the 1200 megawatts currently generated from the Akosombo dam and other thermal power sources. VRA is also considering opening up the power sector to competition to rope in other players to sustain the power sector. “Tariffs don’t reflect what needs to be done to provide safe reliable and efficient electricity. The power sector needs significant input and restructuring and rationalization” he stated. Kweku Andoh Awotwi is the Board Chairman of the Multimedia Group as well as Stanbic Bank. In late 2003, he chaired the Interim Management Committee put together by former President Kufuor following the dissolution of the existing board but did not stay on when the crisis at the time subsided. After 5 years, he was approached by the NDC government to head the power house. Mr. Andoh Awotwi has headed a lot of boards including the African Precious Minerals and Play Soccer Ghana. He is a product of the Yale University and had his MBA program at the Stanford Graduate School, both in the USA. He has immense experience in Strategic Business and Planning, having held that position at Anglogold Ashanti. He also has experience in Liquidity and Derivatives Crisis Management, Restructuring and Turnarounds, Mergers and Acquisitions as well as Entrepreneur and Business Development.