Audio By Carbonatix
A consortium of mining firms; Anglogold Ashanti, Golden Star, Newmont and Gold Fields Ghana says an 80 megawatt power plant they have procured to serve as a reserve electricity source will also contribute to national power supply.
The Energy and Business Planning Manager of Newmont Ghana, Joshua Mortoti who is also in charge of the project said the about 45 million-dollar plant will become operational by June.
Mr. Mortoti said the current energy crisis has pushed up mining companies’ cost of doing business with most of them spending an average of 2 million dollars monthly on diesel.
The Chief Executive of the Ghana Chamber of Mines, Madam Joyce Aryee pledged the support of the mining sector to national energy development efforts during the period of the power crisis.
She said this explains why the consortium has decided to bear the cost (plant and its installation) of the project. The plant has a diesel consumption capacity of 700,000 litres.
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
-
Duncan-Williams warns of powerful interests targeting GoldBod
26 minutes -
We need to pray for GoldBod – Duncan-Williams
46 minutes -
Strong favourites or tougher task – will Arsenal defend their title?
1 hour -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
1 hour -
Ariana Grande leaves problems at home as her tour hits the UK
2 hours -
Multiple suspects at large after five shot at Virginia State University, police say
2 hours -
Three killed as Russia launches fresh aerial attacks across Ukraine
2 hours -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
2 hours -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
2 hours -
Twelve killed as Polish bus veers off Hungarian motorway
3 hours -
Building Ghana better: Why architects must be at the heart of national development
6 hours -
GMet warns of severe rainstorm across northern Ghana
6 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
7 hours -
Health Ministry reviews NDC manifesto commitments
7 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
8 hours