VRA

2013 Description

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TARIFF PROPOSALS BY GENERATION COMPANIES
Due to the inadequate tariff, VRA is unable to meet fully its operational expenditures such as crude oil purchases for the running of the Takoradi Thermal Plants. Government has provided financial support to VRA in order to meet its operational expenditure. The financial support has been an indirect way of Government making up for the shortfall between the economic tariff and the PURC approved rates. The Government support comes in as and when VRA experiences challenges in procuring crude oil or paying for power imports from CIE.