VALCo, ECG owe GRIDCo US32m, GHC607m respectively – Staff

The Volta Aluminum Company (VALCo) owes the Ghana Grid Company (GRIDCo) US$32million, President of the GRIDCo Staff Union, Raphael Kornor, has said at a press briefing in Accra on Thursday, November 21.

He added that as of March 1, 2019, the Electricity Company of Ghana (ECG) similarly owed GRIDCo about GHC607million.

The workers are, therefore, calling on authorities to ensure that these monies owed GRIDCo are paid.

Mr Kornor indicated that staff will on Friday, November 29, 2019, stage a demonstration over 32 million owed the company by key stakeholders in the energy sector.

The workers said they will match en mass to the Electricity Company of Ghana Volta Aluminum Company (VALCO) and the Ministry of Finance in demand of unsettled debts.

The workers who have commenced an industrial action by withdrawing all emergency services on Thursday, November 21, 2019, have been directed by leadership of the Union not to provide any further services beyond the official working hours at 4.

Members have also been directed to hoist red flags raising signals of turbulent times ahead for the energy sector.