The Takoradi 2 (T2) Power Plant is expected to bring additional 110 megawatts (MW) of power into the country's installed capacity from the end of June this year, officials have said.
President John Dramani Mahama on Thursday inspected work on the new steam turbine under construction at the Aboadze enclave where he expressed satisfaction with the rate of work.
About 95 per cent of work had been completed.
Mr Mahama who was on a two-day working visit to the Western Region, is eager to permanently end the power crisis in the county, and the coming on board of the 110 MW of power in. Is year, would add up to his efforts.
Increased capacity
The $30 million project, which started in 2013, will increase the plant's capacity from 220 mw to 330 mw from its combined cycle.
Owned by Takoradi International Company ( TICO), the T2 plant, is a joint venture between the Abu Dhabi National Energy Company PJSC (TAQA) which owns 90 percent shares, and VRA (10 percent), and it is first Independent Power Project (IPP) in Ghana.
Financing was provided by the International Finance Corporation (IFC) and a consortium of international development finance institutions including the African Development Bank (AfDB), Deutsche Investitions-und Entwicklungsgesellschafte, OPEC Fund for International Development and the Canada Climate Change Programme.
Company has leant lessons
Nana Osafo Agyei Kantanka, Managing Director of the TICO, told the President that the company, which was delivering 95 percent output fell into difficulties last year.
"But, we have learnt our lessons," he said, adding that the company was repositioning itself to face the future with renewed hope.
Gas available
In his remarks, President Mahama said gas was now available in the Aboadze enclave from Ghana Gas.
He expressed the hope that when all the maintenance work at TICO were completed, there would be enough gas to fuel them so that there would be an increase in supply to keep up with the fast growing demand for electricity.
President Mahama also inspected the site for the systems to be installed for the 250MW Ameri-Energy/ APR emergency power badge.
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