World Bank has approved a $250 million credit from the International Development Association (IDA) and a $10 million grant from the Energy Sector Management Assistance Programme for a 4-year Ghana Energy Sector Recovery Programme for Results (PforR) .
Cash Waterfall Mechanism not fair, designed to benefit IPPs – VRA Senior Staff Association – ghanamma.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanamma.com Daily Mail and Mail on Sunday newspapers.
The Senior Staff Association (SSA) of the Volta River Authority (VRA) has bemoaned the impact of the revised Cash Waterfall Mechanism on the operations of the Authority.
Cash Waterfall Mechanism not fair, designed to benefit IPPs – VRA Senior Staff modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Specifically, IC Research, said out of the GH¢820.45 million revenue reported by the electricity distributor for January 2024, the CWM stipulated GH¢512.84 million payment to six Independent Power Producers (IPPs) as Level A beneficiaries.