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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Minister of Finance, Dr Cassiel Ato Forson, has announced that Ghana will begin constructing a 1,200-megawatt state-owned thermal power plant in 2026.
Speaking during the 2026 Budget presentation in Parliament on Thursday, November 13, 2025, he said the plant will provide reliable, affordable electricity, strengthen energy security, and support the country’s gas-to-power transformation.
Dr Forson explained that Ghana’s gas-to-power strategy is moving the country from costly light crude oil to cleaner, locally produced natural gas.
Source: newsthemegh.com