Vice President Kwesi Bekoe Amissah Arthur has cut sod for the construction of a 350 megawatts independent power plant.
The sod cutting ceremony comes at a time when the country is wobbling under a protracted national power crisis which is adversely affecting individuals and industry.
The project is a collaborative effort between Cenpower Generation Company limited, an Independent Power Producer (IPP) with many international partners as well as major Ghanaian shareholders.
The 900 million dollar power project is expected to come on stream in 2017 and will subsequently be transferred to the Electricity Company of Ghana (ECG) after 20 years.
With the worsening power situation in the country, one of the measures government is counting on to solve the problem, is allowing for private sector participation in power generation.
The power plant being constructed is expected to run on gas and light crude oil.
Officials say the project when completed will amount to about 10 percent of Ghana's total generation capacity.
Chairman of the Cenpower Generation Company Limited, Nana Brew Butler said the initial fuel for the plant is guaranteed.
Partners for the project including Japan-based power producer Sumitomo Corporations were optimistic of the project’s promising prospects and hope it will help solve Ghana’s power situation.
Touching on the widespread effects of the frequent power outages in the country, Vice President Amissah Arthur said partnering independent power producers is a demonstration of Government’s commitment to turning the situation around.
Have your say
More News Headlines
- One-year-old stolen at Takoradi market, police on manhunt
- Police to deploy officers to new regions
- Cabinet approves ¢1b for road signs, traffic lights
- Kintampo accident: 35 persons burnt beyond recognition given mass burial
- 2019 Life Walk: ICGC donates ¢200K to Mental Health Authority
- Era of serving without promotion is over - Akufo-Addo tells police
- 'You are our most distinguished alumnus' - Buckingham University VC tells Bawumia
- Ancient Rome's sinful city at the bottom of the sea
- 7 Illegal Chinese miners arrested by ministerial committee
- No conspiracy in law school exams – Akufo-Addo
- Four remanded over kidnapping hairdresser
- Swedru municipal guard in assault case arrested
- Eugene Arhin recognised among 'Most Influential People of African Descent'
- Unemployed man remanded over robbery
- Absence of policy framework on road safety to blame for carnage - Lawyer