President John Dramani Mahama has announced plans to build a 1,200-megawatt gas-fired power plant. This project aims to boost Ghana’s electricity generation capacity. It will also help meet the country's increasing demand for power.
Speaking in the Eastern Region on Saturday, May 2, President Mahama stated that the government will start construction this year. This initiative addresses the significant rise in electricity consumption. Peak demand has risen from around 3,500 megawatts to nearly 4,300 megawatts. This increase is driven by higher investment and economic activity.
The planned power plant fits into a broader strategy to strengthen Ghana's energy sector. It aims to increase overall electricity output. It will also create backup capacity, ensuring a more reliable power supply. The project aligns with Ghana's goal to use its resources for national development. Earlier efforts in the energy sector faced challenges that this new capacity aims to resolve.
The Ministries of Energy and Finance have finalized the project's design and roadmap. This preparation ensures readiness for construction. President Mahama noted that beyond meeting domestic needs, the extra power can be exported. This export of excess electricity to countries like Burkina Faso can generate valuable foreign exchange for Ghana. The government sees this as a strategic move for regional economic integration.
This new generation capacity is expected to be a key factor in stabilizing Ghana's power supply. It will also support the growth of industries that rely on consistent electricity. The nation will be better positioned for regional energy trade. Decision-makers and investors will watch the progress of this significant infrastructure project closely.