Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
President John Dramani Mahama has announced plans to construct a new 1,200-megawatt gas-fired power plant as part of efforts to expand Ghana’s electricity generation capacity and meet rising demand.
Speaking during the “Resetting Ghana” tour in the Eastern Region on Saturday, May 2, the President said the government will cut sod this year for work to begin on the project.
According to him, the initiative forms part of a broader strategy to strengthen the country’s power sector by increasing generation and creating redundancy within the system.
