15/10/1997 Africa Energy Intelligence N°214

GHANA

VRA FACES MAJOR LOSS

The Volta River Authority (VRA) says it will incur an estimated loss of over 120 billion cedis ($6.6 million) by the end of the year and that the shortfall will be carried over to next year if new electricity rates adopted in July -- and then suspended by the government -- are not put into effect quickly. (...)   [264 words]   [€5]
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