We are actively looking for an Equity Partner for the execution of an on-grid gas Power Plant Project in Ghana.
The project entails the Development, Financing, Construction and Operation of a 93-MW Power Plant located at Atuabo, near GNGC Gas Processing Plant.
Plant technology based on General Electric(GE) TM2500+ G4 gas-turbine
The Plant will convert waste Isopentane into electricity instead of flaring
The Project will reduce the adverse environmental impacts of on-going flaring
The Project will contribute towards monetising GNGC hydrocarbons
The Total Project Cost:
•Phase 1 [31-MW] – USD$73m
•Phase 2 [31-MW] – USD$70m
The Project has obtained the following statutory and commercial documents:
a. Electricity Generation Licence
b. Power Purchase Agreement
c. Environmental Permit
d. Construction Permit
e. Equipment Supply Contract
f. Fuel Sales Agreement
g. Fuel Interconnection Agreement
h. Financial Model
i. Geo-Technical Report
j. Land sub-lease
k. Building permit
l. Tax Reliefs and Exemptions from Ministry of Finance
m. Tariff approval from the Public Utilities Regulatory Commission
n. Cabinet Memo for PCOA approval