
Thursday, November 19, 2015
In Ghana a JV agreement valued at $180 million has been signed for the development of a gas-powered plant to deliver 140 MW by August 2016 was signed. The JV agreement was between Wuta Energy and Cummins Cogeneration Limited (CCL) and will bring about the development of the power plant at Beyin in the Western Region.
This agreement is the first of two phased projects which seek to add 300 MW to Ghana’s power generation capacity.
The power plant at Beyin is expected to make use of Ghana’s substantial natural gas reserves and will be the first development in the region to utilize an Organic Ranking Circle, which captures waste heat from the plant to generate additional energy.
This not only delivers a very significant economic benefit, but significantly improves the environmental impact of the power plant.