Energy Minister, Dr Paa Kwesi Nduom has supported claims that the Chief Executive of the Volta River Authority (VRA), Dr Charles Wereko-Brobby “did not follow laid down procurement procedures in taking the decision to rent the SRP” (Strategic Reserve Plant).
In a letter dated, June 17, 2003 and addressed to the President, Dr Nduom also upheld findings of the Ministerial probe that the Board of Directors of the VRA did not play the role required of it in the rental (of the SRP) process and did not participate effectively in the decision making process.
The letter quotes the Ministerial committee as believing that “the VRA is incurring unnecessary significant rental cost even as the SRP’s implementation continues to be delayed. “The committee finds that the VRA has as at May 31, 2003, incurred rental cost of about $10 million and could be obligated to making payments of $1,375,000 a month”.
According to Dr Nduom, the committee recommended further investigation of the SRP to assign specific responsibility for financial losses to the VRA. Part of his letter read, “The committee does not believe that the transition from mainly hydro-electric power to mainly thermal generation at the VRA has been managed properly”.
Energy Minister, Dr Paa Kwesi Nduom has supported claims that the Chief Executive of the Volta River Authority (VRA), Dr Charles Wereko-Brobby “did not follow laid down procurement procedures in taking the decision to rent the SRP” (Strategic Reserve Plant).
In a letter dated, June 17, 2003 and addressed to the President, Dr Nduom also upheld findings of the Ministerial probe that the Board of Directors of the VRA did not play the role required of it in the rental (of the SRP) process and did not participate effectively in the decision making process.
The letter quotes the Ministerial committee as believing that “the VRA is incurring unnecessary significant rental cost even as the SRP’s implementation continues to be delayed. “The committee finds that the VRA has as at May 31, 2003, incurred rental cost of about $10 million and could be obligated to making payments of $1,375,000 a month”.
According to Dr Nduom, the committee recommended further investigation of the SRP to assign specific responsibility for financial losses to the VRA. Part of his letter read, “The committee does not believe that the transition from mainly hydro-electric power to mainly thermal generation at the VRA has been managed properly”.
