The Volta Aluminum Company (VALCO) has enjoyed and continues to enjoy a power rebate of US$30.4 million due to the NPP Government?s refusal to implement the previous NDC government negotiated VALCO agreement or renegotiate a new one. The Ghana Palaver newspaper says in the last days of the NDC government, the then Minister of Energy submitted to Parliament, a concluded agreement negotiated between the Ghana Government negotiating team and VALCO. The agreement was reached after two years of negotiations.
Source: GhanaWeb
