Business

AMERI deal: Gov’t must ensure a successful take-over by VRA – Jinapor

Apexnewsgh

A deputy Minister of Power under the erstwhile Mahama administration, John Abdulai Jinapor wants government to urgently put in place all necessary protocols to ensure a successful take-over of the 250-megawatt (MW) Africa and Middle East Resource Investment (AMERI) thermal power plant by VRA.

Government is to resume ownership of the 250-megawatt (MW) Africa and Middle East Resource Investment (AMERI) thermal power plant from February 1, 2021 per the terms of the deal.

The Dubai based firm arrived in the country in October 2015 to assist in resolving the power crisis at the time. The deal was signed by the government at a total cost of US$510 million on Build, Own, Operate and Transfer (BOOT) basis.

Based on the BOOT terms, the government through the Volta River Authority (VRA) will commence the ownership, operation and maintenance mandate by February 1, 2021. Owing the plant, comes with many benefits to the state. It will lead to cheaper thermal power because there will be no capacity charges, increase the country’s power portfolio and VRA’s capacity to tap into the West African market, among others.

Jinapor in a Facebook post on Saturday ahead of the deadline Sunday said government must ensure it undertakes a seamless process leading to the take-over without further delay.

Conditions for take over

Although AMERI wrote in September 2020 to inform government of its intention to handover the plant by the date stated in the contract, the latter is yet to take the necessary steps, according to B&FT sources.

For instance, it is understood that the government has yet to conduct a technical audit to ascertain the integrity of the plant. There has also not been any form of training of VRA staff to man the facility and a memorandum of understanding or roadmap on how to settle an outstanding balance of US$32 million due the Dubai based energy firm, as of beginning of January 2021.

Additionally, AMERI wants government to make full payment for January before the state assumes ownership, but this has not been done yet. “From IES checks, government has been slow. We have not seen better preparation from government,” says Nana Amoasi VII, Executive Director of Institute for Energy Security (IES), an energy think-tank.

Kasapafmonline
Please contact Apexnewsgh.com on email apexnewsgh@gmail.com for your credible news publications. Contact: 0555568093.
Ngamegbulam C. S

Leave a Reply

does maxsize male enhancement work does natural male enhancement really work does pro plus male enhancement work does quick flow male enhancement work does rite aid sell male enhancement does rite aid sell male enhancement pills does vitamin e help male enhancement does walgreens have male enhancement does walgreens sell male enhancement products does walmart sell male enhancement products dominant male enhancement pills dominant male male enhancement dominant male male enhancement pills dominx male enhancement dominx male enhancement support don juan male enhancement pill don juan male enhancement reviews double x male enhancement double x male enhancement pills dr boss male enhancement dr d male enhancement dr oz best male enhancement dr oz endorsed male enhancement dr oz male enhancement pills and daily vitamins dr oz male enhancement pills reviews dr oz male enhancement recommendations dr oz male enhancement via lax dr oz natural male enhancement dr oz recommended male enhancement pills dr oz show on male enhancement dr phil and steve harvey male enhancement dr sebi male enhancement pills dr tobias male enhancement dr zimmerman male enhancement drachen male enhancement drops drachen male enhancement for sale drachen male enhancement official website drachen male enhancement review drachen male enhancement spray reviews dragon power male enhancement pills dragon strong male tonic enhancer dragon x male enhancement pills dragonflies male enhancement pills dragonfly male enhancement duraflex male enhancement duraflex male enhancement pills duro male enhancement duro xl male enhancement duromax male enhancement duromax testosterone male enhancement reviews dxl male enhancement dynamite super male enhancement reviews dynarex male enhancement e 3 male enhancement e 3 male enhancement pills edge male enhancement effective male enhancement pills effective male enhancement products el toro cbd gummies male enhancement el toro male enhancement cbd gummies el toro male enhancement gummies elite 909 male enhancement elite extra male enhancement elite extreme male enhancements elite male enhancement free trial elite male enhancement review elite male enhancement testosterone booster elite xl male enhancement eliteextreme male enhancement elongate male enhancement elongate male enhancement pills encore male enhancement pills encore natural male enhancement endovex male enhancement endovex male enhancement formula endowmax male enhancement endura natural male enhancement reviews endura naturals male enhancement reddit endura naturals male enhancement scam endura naturals male enhancement video endurance natural male enhancement enduros male enhancement pills enduros male enhancement reviews enduros male enhancement supplement engage x male enhancement enhance male enhancing formula enhance male libido naturally enhance male libido supplements enhance male testosterone naturally enhance xl male enhancement reviews enlarge maxx male enhancement entramax male enhancement enzyte male enhancement commercial enzyte male enhancement pills reviews enzyte natural male enhancement review epic male enhancement pills epic male enhancement side effects erec prime male enhancement erectafil male enhancement gummies erectin male enhancement reviews erex male enhancement reviews erexor male enhancement erorectin male enhancement eroxin male enhancement eruption male enhancement pill reviews erx pro male enhancement erx pro male enhancement pills euphoric male enhancement pill evaxatropin male enhancement reviews ever erect male enhancement everlast male enhancement everyday male enhancement evil root male enhancement evil root male enhancement pills evoxa male enhancement ex100 male enhancement excite male enhancement existence male enhancement existenz male enhancement expandom male enhancement pills explosion male enhancement pill extacy male enhancement pill reviews extacy male enhancement reviews extamax male enhancement exten zone male enhancement extend flow male enhancement reviews extend male enhancement formula extend plus male enhancement extended male enhancement extension plus male enhancement extensions iv male enhancement