The Volta River Authority (VRA) is assuring Ghanaians of its dedication to sustainable electrical energy manufacturing to satisfy provide wants.
In response to its Chief Government Officer, Edward Obeng Kenzo, his outfit is doing every part doable to satisfy the demand for energy manufacturing.
He additionally indicated that the workers have been nicely motivated to boost their operational effectivity to ship their utmost for environment friendly energy provide.
VRA is presently figuring out modalities with stakeholders to generate ample assets to beef up manufacturing.
Mr. Obeng Kenzo says his mission is to redeem all money owed owed by prospects and the transfer, in line with vitality and monetary Analysts, is working effectively.
“VRA is sincerely on a mission for progress with an excellent report of operational progress and revenue incomes”., he stated.
It recorded a revenue of GH¢110.893 million in 2022, primarily based on the Auditor Basic’s 2022 Report. In 2021, the Authority registered a revenue of GH¢112.758 million.
Its whole earnings elevated by 34% to GH¢5.628 billion in 2022, from GH¢4.199 million in 2021. The rise in whole earnings was because of a 38.7% improve in income from energy gross sales.
The present property additionally elevated by 36.1% from GH¢8.631 billion in 2021 to GH¢11.751 billion in 2022. This was because of a rise in commerce and different receivables.
Market watchers consider VRA is well-positioned to generate good earnings, a sign of strategic and high quality management on the helm of affairs.
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