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VRA Senior Staff Demand Fair Payment Allocations in Energy Sector

VRA senior staff demand fair payment allocations in energy sector. Stay informed on the ongoing discussions surrounding equitable compensation.

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Members of the Senior Staff Association of the Volta River Authority (VRA) have voiced concerns regarding what they perceive as inequitable payments to state-owned enterprises (SOEs) within the energy sector.

In 2023, the government and Independent Power Producers (IPPs) agreed on a $43 million monthly payment plan to address debts that threatened the sector’s stability. However, VRA staff argue that this agreement needs reassessment since the IPPs produce less than one-third of the energy generated by VRA.

Theophilus Tetteh Ahia, Chairman of the Senior Staff Association of VRA, expressed these concerns in an interview with Citi News. He highlighted that the current arrangement jeopardizes VRA’s operational capacity. “If we do not look at the system and digital assistance now, we will end up creating a lot of under-recoveries for these companies, making it difficult to sustain the business,” Ahia stated.

Mr. Tetteh also emphasized that SOEs like VRA are not receiving full payments, and the funds provided are insufficient to cover losses and operational expenses. “Our call is simple: if fixed amounts can be paid to others, why not do the same for the SOEs?” he concluded.

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