Business / Energy
Ghana is expected to sign an agreement before the end of 2026 for a 1,200MW gas-fired power plant, with the first 600MW targeted for commissioning in 2028.
Ghana is expected to sign an agreement before the end of 2026 for the construction of a 1,200-megawatt gas-fired power plant as part of efforts to expand electricity generation and meet future demand.
President John Dramani Mahama said the proposed facility would be Ghana’s largest thermal power plant. The project is planned for Kafodzidzi-Abrobeano in the Komenda-Edina-Eguafo-Abrem Municipality of the Central Region.
The development is expected to be implemented in phases, with the first 600MW targeted for commissioning in 2028 before the plant reaches its full 1,200MW capacity.
The government says feasibility studies have confirmed the project’s viability, while environmental assessments, engineering work, permitting and financial arrangements are progressing.
Officials also say gas turbines have been acquired directly from GE Vernova, a move the Finance Ministry estimates has generated savings of between 35% and 45% compared with purchasing through intermediaries.
The government expects the project to help reduce electricity generation costs and potentially contribute to lower electricity tariffs. However, the final impact will depend on factors including financing costs, gas availability, transmission capacity and the plant’s operating efficiency.
The project is also linked to plans for a modular gas-processing facility capable of handling about 100 million standard cubic feet of gas per day. The government is targeting financial close for the gas project before the end of 2026.
The government has not yet disclosed the total investment cost, financing structure or all parties expected to sign the agreement.
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