Togbe Afede XIV and his investment partners – Shenzhen Energy Group – have held discussions with the Secretary General of the West Africa Power Pool (WAPP), Siengui Apollinaire, in Cotonou, Benin, to explore opportunities for cooperation in the development of viable WAPP priority generation projects.
Togbe Afede XIV assured the secretariat of his partners’ readiness, financially and technologically, to invest as an independent power producer in several ECOWAS countries.
As part of the visit, the team was taken around to see the progress of work at the Information and Coordination Centre (ICC) of the West Africa Power Pool, which is expected to become operational by end of the year.
On his part, the Secretary General, Mr. Apollinaire, expressed his outfit’s preparedness to support any initiative aimed at finding solutions to the myriad of under-capacity or generation issues hindering the stability and affordability of power in the sub-region.
He commended Sunon Asogli Power Ghana Ltd. as an invaluable member of the West Africa Power Pool that has always been on time in the discharge of its membership obligations.
He indicated that a Master Plan 2019-2033 – adopted by the Conference of Heads of State and Government of ECOWAS countries in December 2018 – provides for the implementation of 75 priority energy generation and transmission projects at an estimated funding cost of US$36billion.
Mr. Apollinaire added that the implementation of this ambitious plan will, among other things, make it possible to finalise the interconnection projects of 14 ECOWAS countries and launch the competitive phase of the ECOWAS Regional Electricity Market.
The Sunon Asogli delegation, led by Togbe Afede XIV, included Wang Zhengjun, Deputy General Manager; and Elikplim Kwabla Apetorgbor and Li Kanglin, Business Development Managers at the West Africa Development Unit (WADU) of the company.