The Institute for Energy Security (IES) has urged the government to focus on strengthening key energy institutions like the Volta River Authority (VRA), Bui Power Authority, Electricity Company of Ghana (ECG), and Northern Electricity Distribution Company (NEDCo) instead of dismantling or merging them.
This call comes in response to a draft bill that proposes merging the VRA with Bui Power Authority, combining ECG with NEDCo, and creating an independent Thermal Power Authority. The proposed changes have sparked opposition from VRA staff groups, who argue that the move is not in the best interest of the nation and could have negative consequences for both the VRA and Ghana as a whole.
Nana Amoasi VII, Executive Director of IES, voiced concerns in a statement issued on Sunday, saying, “While the proposed merger and restructuring of Ghana’s power sector may have its proponents, we believe that the risks far outweigh the benefits in its current form.”
He emphasized the need to focus on strengthening the existing institutions, adding, “The focus should be on stabilizing and strengthening the existing institutions such as the VRA, Bui Power Authority, ECG, and NEDCo, rather than dismantling them.”
Amoasi concluded by urging the government to reconsider the draft bill and prioritize measures that ensure Ghana’s energy security, affordability, and long-term sustainability.
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