- IES advocates for strengthening
- The draft bill’s suggested mergers could have detrimental effects
- IES urges the government to find solutions that enhance the stability of Ghana’s energy sector
The Institute for Energy Security (IES) is calling on the government to enhance the Volta River Authority (VRA), Bui Power Authority, Electricity Company of Ghana (ECG), and Northern Electricity Distribution Company (NEDCo), rather than dismantling them.
This appeal comes in response to a draft bill proposing the merger of the VRA with Bui Power Authority, the consolidation of ECG with NEDCo, and the creation of a new independent Thermal Power Authority.
Staff groups from the VRA have voiced strong objections to the proposed draft bill, arguing that these changes could negatively impact both the VRA and the broader Ghanaian public.
Nana Amoasi VII, Executive Director of IES, emphasized in a statement released on Sunday that, “While there may be advocates for the proposed restructuring of Ghana’s power sector, we believe the potential risks significantly outweigh the benefits in its current form.”
He added, “The government should focus on stabilizing and strengthening existing entities like the VRA, Bui Power Authority, ECG, and NEDCo, instead of dismantling them.”
IES urges the government to reconsider the draft bill and seek alternatives that will safeguard Ghana’s energy security, affordability, and long-term sustainability.
