{"id":347846,"date":"2017-08-25T06:12:00","date_gmt":"2017-08-25T06:12:00","guid":{"rendered":"http:\/\/citifmonline.com\/?p=347846"},"modified":"2017-11-10T14:48:13","modified_gmt":"2017-11-10T14:48:13","slug":"vra-needs-to-prioritize-hydropower-kwaku-kwarteng","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/08\/vra-needs-to-prioritize-hydropower-kwaku-kwarteng\/","title":{"rendered":"VRA needs to prioritize hydropower – Kwaku Kwarteng"},"content":{"rendered":"
The sale of the majority stake in specified thermal plants owned by the Volta River Authority (VRA) is to realign the authority’s focus on solely the management of hydro plants, according to a Deputy Finance Minister,\u00a0Kwaku Kwarteng.<\/p>\n
Mr. Kwarteng noted\u00a0that \u201cover the years, we allowed the VRA to stray into the provision of energy through thermal plants.\u201d<\/p>\n
[contextly_sidebar id=”sPJyQqPDdLt63swHCDhVlc6zMs7HWb79″]”The long and short of it is that we want the VRA to focus on what it is best at doing; management of the hydro plants. That is what traditionally they have been good at,\u201d he explained on Eyewitness News<\/strong>.<\/p>\n This policy direction was announced\u00a0by the Finance Minister in the 2017 budget in Parliament and the\u00a0advertised the sale of at least a majority stake in specified thermal plants owned by the VRA formed part of the “implementation of a policy that has been announced in a budget statement and that has been approved by Parliament,” Mr. Kwarteng said.<\/p>\n