{"id":234254,"date":"2024-10-17T14:29:12","date_gmt":"2024-10-17T14:29:12","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/17\/proposed-purc-energy-commission-merger-not-in-best-interest-of-ghana\/"},"modified":"2024-10-17T14:29:12","modified_gmt":"2024-10-17T14:29:12","slug":"proposed-purc-energy-commission-merger-not-in-best-interest-of-ghana","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/17\/proposed-purc-energy-commission-merger-not-in-best-interest-of-ghana\/","title":{"rendered":"Proposed PURC, Energy Commission merger not in best interest of Ghana"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Senior Staff Association of the Volta River Authority has accused the government of deliberate attempts to separate the VRA thermal assets for onward sale to private investors and faceless politicians with its proposed energy bills.<\/p>\n<p>The proposed bills seek to merge the Electricity Company of Ghana Limited (ECG), Bui Power Authority, Northern Electricity Distribution Company (NEDCO), and the VRA into two separate entities.<\/p>\n<p>Addressing journalists in Parliament on Thursday, October 17, the Chairman of the Senior Staff Association of the VRA, Theophilus Tetteh Ahia, urged Members of Parliament to kick against the proposed energy bills, arguing that they do not serve Ghana\u2019s interest.<\/p>\n<p>\u201cThe merger is not in the best interest of this country. As we are all aware, ECG is facing challenges and is not able to make payments.<\/p>\n<p>\u201cAs we speak today, ECG\u2019s indebtedness to the VRA is over GH\u00a22 billion and that of the IPPs is over $1.5 billion, and so how can we achieve the objective as it is being espoused in the bills that we are bringing efficiency and reducing the cost of electricity and also reducing the government\u2019s financing of this sector?<\/p>\n<p>\u201cWe are saying that is not the true objective. The real objective is the separation of the VRA thermal asset and eventual sale to private persons.\u201d<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU:\u00a0https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Senior Staff Association of the Volta River Authority has accused the government of deliberate attempts to separate the VRA thermal assets for onward sale to private investors and faceless politicians with its proposed energy bills. The proposed bills seek to merge the Electricity Company of Ghana Limited (ECG), Bui Power Authority, Northern Electricity Distribution [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":234255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-234254","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Proposed PURC, Energy Commission merger not in best interest of Ghana - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/17\/proposed-purc-energy-commission-merger-not-in-best-interest-of-ghana\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proposed PURC, Energy Commission merger not in best interest of Ghana - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Senior Staff Association of the Volta River Authority has accused the government of deliberate attempts to separate the VRA thermal assets for onward sale to private investors and faceless politicians with its proposed energy bills. 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