Audio By Carbonatix
Ghana is on course to achieve the targeted power generation capacity of 5000 megawatts by 2016, the Minister for Energy and Petroleum, Emmanuel Armah-Kofi Buah, has said.
The country is also poised to achieve gas-based generation for 80 % of the thermal power plants by 2015, he added.
According to Mr. Buah, the Ministry is therefore focused on improving on the current enabling environment to attract prospective developers to the power sub-sector.
The Minister was speaking on Wednesday August 14, 2013 when a delegation from Shandong Electric Power Construction Corporation (SEPCOIII), a Chinese power company, called on him at his office in Accra.
It was led by Zhang Huanxiang, Vice President and Chief Engineer of the company.
Mr. Buah said he was excited that the company chose Ghana as its investment destination and promised a congenial business environment.
He said with the increase in electricity demand, the country had to add about 200MW of power every year for the next 20 years, adding that it was in recognition of this that the government is creating the environment for independent power producers to come in their numbers.
For his part, Mr. Huanxiang, said he chose Ghana because of the political stability and hospitality it is noted for worldwide.
He said since its founding in 1985, his company has installed 29,000 megawatts with single unit capacity ranging from 12 megawatts to 1000 megawatts and also has the highest annual average installed capacity in the Chinese electric power sector.
He expressed optimism that his company will soon enter the Ghanaian market and assist the government meets its power generation target.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NPP Electoral Area Coordinators in Ashaiman, Tema East join wave of declarations for Dr. Bawumia
21 minutes -
Tema East Constituency excuses Bawumia from campaigning, pledges votes
33 minutes -
NPP started ‘Nkokor Nkintikiti’ as poultry intensification – Bryan Acheampong
1 hour -
Government reopens Ussher and James forts after closure, imposes strict new rules
1 hour -
MTN Ghana honours 50 Mobile Money agents and merchants in Central Region
1 hour -
Ghana, Russia launch decade-long literary exchange to promote indigenous languages
1 hour -
Tanyigbe Traditional Council reaffirms the authority of Togbega Kodi Adiko VI
1 hour -
Korle Bu Mortuary: 320 unclaimed bodies set for mass burial
2 hours -
KBTH to hold mass burial for unclaimed and unidentified bodies
2 hours -
Eastern Region emerged NPP’s strongest performer in 2024 parliamentary polls – Bryan Acheampong
2 hours -
Central Region: FDA urges extreme caution in Christmas shopping Â
2 hours -
Klokpo Festival: Culture, unity and development take centre stage in Bakpa
2 hours -
MPs, DCEs urged to partner chiefs to accelerate Tongu development
2 hours -
I’ll restore discipline in the NPP—Bryan Acheampong
3 hours -
From North to South: The waste pipeline ends now
3 hours
