25 MW pilot power plant will utilize Isopentane gas as a fuel source New plant will add equivalent power needed to supply more than 100.000 Ghanaian homes TM2500 proven technology will provide secure, flexible and reliable power New TM2500 order will further expand existing fleet...
Minister for Energy, Boakye Agyarko, is hopeful that within the next 18months, 50 megawatts of solar power will be added to the national grid to augment country’s energy delivery. Speaking to B&FT after the signing of Memorandum of Understanding on renewable energy between the government and ENI Ghana, Mr. Agyarko...
The Public Utilities Regulatory Commission (PURC) has yielded to governments quest to reduce electricity tariffs against calls by the utility companies and civil society to increase tariffs. According to a statement, issued by the PURC and published on their website, the current review is as result of reductions in key...
The agreement signed with Exxonmobil of America in respect of the Deepwater Cape Three Points oil block is among the best compared to other agreements signed in the past, as it is a culmination of lessons learnt in the ten years of the sector, Energy Minister Boakye Agyarko, has...
The first tranche of GH¢6 billion of the GH¢10 billion energy bond, which saw bids open yesterday, is expected to deepen the local corporate bond market. With a total of GH¢36.64billion corporate and government bonds and notes listed on the Ghana Stock Exchange (GSE), only GH¢570.55million - representing 1.56 percent...
It is an undeniable fact that the current COVID-19 pandemic has produced retrogressive effects on all spheres of economic endeavors. Like the celebrated American Judge Benjamin Cardozo stated “danger invites rescue”. The cry of distress is the summons to relief and a burden has been placed on all policymakers...
A total of 1,000 Ghanaians will receive training annually as part of the newly launched Accelerated Oil and Gas Capacity Programme (AOGC), President Nana Akufo-Addo, has said. Two hundred Small and Medium Scale Enterprises (SMEs) will also be provided with the capacity to gain a competitive advantage in the industry...
…as Contactum educates them on industry safety practices Certified electricians believe that should the Energy Commission enforce the laws which govern their practice, the incidences of fire due to electrical faults will drastically reduce or be prevented. “The Energy Commission has the power, under the law, to prosecute those working without...
Barring any hitches, the Electricity Company of Ghana will be handed over to a private entity by last quarter - as part of the conditions under which government accepted the under-US$500million Millennium Challenge Compact Two from the United States of America. The Millennium Development Authority (MiDA) announced on Monday when...
The Ghana Oil Company Limited (GOIL), Petroleum Commission of Ghana and Ghana Ports and Harbour Authority (GPHA) Takoradi have expressed confidence in curbing the menace of illegal bunkering that has damaged the country’s oil and gas. After an inspection by a delegation from the Petroleum Commission at the US$15m Marine...