The Chief Executive Officer (CEO) of Independent Power Generators, Ghana, Dr. Elikplim Kwabla Apetorgbor, has called for the privatisation of the thermal plants of the Volta River Authority (VRA).
In his view, the privatization of VRA’s thermal power plants, coupled with the re-purposing of hydroelectric capacity for domestic industrial use, presents a transformative opportunity for Ghana’s energy sector.
“Embracing innovation and strategic foresight, we can open up the full potential of the power systems infrastructure and optimize the energy resources to drive economic growth, enhance industrial competitiveness, and improve the livelihoods,” Dr Apetorgbor said in a statement.
He further stated that this suggestion towards optimization and efficiency underscores Ghana’s commitment to building a reliable and resilient energy future.
“Privatizing VRA’s simply cycle thermal power plants presents an opportunity to inject private sector dynamism, expertise, and capital into Ghana’s energy landscape. By engaging Independent Power Generators,Ghana (IPGG), Ghana can unleash innovation and efficiency gains in the operation and management of these assets. IPGG bring specialized industry based knowledge and resources to the table, enabling the reconfiguration of existing infrastructure into more efficient combined cycle power plants.
“This transformation promises to enhance energy productivity, reduce operational costs, and bolster the reliability of electricity supply,” the statement said.
