HomeIndustry SectorsFinance and Policy‘Ghana 1000 power project’ to be completed in 2016

‘Ghana 1000 power project’ to be completed in 2016

Ghanaian President John Dramani Mahama was presented with General Electric (GE)’s ‘Ghana 1000 power project’ at the Peduase Lodge on Tuesday. CEO of GE, Jeff Immelt, said that the US$1 billion thermal power project will have a generation capacity of 1 200MW and will be completed in September 2016.GE President & CEO in Ghana

The power initiative is a joint venture between Endeavor Energy, Eranove, Sage Petroleum and the Ghanaian government where the goal is to develop the biggest ‘integrated gas power project in sub-Saharan Africa’, GhanaWeb reported.

What’s involved?

With a commitment to provide affordable and sustainable power supply to local communities, the initiative includes a floating storage and regasification system to allow for the mobilisation of liquefied natural gas (LNG) to remote locations where small quantities can be easily transported via car or truck.

President Mahama said that ‘this will be the single largest injection of power into our transmission grid in history’.

Ghana relies on hydropower as its dominant power source, however with water reserves running low the government needs to integrate various other energy sources into its energy mix. The introduction of LNG falls in line with this strategy.

 

(Pic Credits: citizen Ghana)

Nicolette Pombo-van Zyl
As the Editor of ESI Africa, my passion is on sustainability and placing African countries on the international stage. I take a keen interest in the trends shaping the power & water utility market along with the projects and local innovations making headline news. Watch my short weekly video on our YouTube channel ESIAfricaTV and speak with me on what has your attention.

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