Ghana: Early Power deal progress

Issue 330 - 16 Sep 2016
Parliamentary approval for a deal to install up to 400MW at Tema opens the way for a power purchase agreement (PPA) to be signed by the Early Power Ltd consortium of Endeavor Energy, the local Sage Petroleum and GE. Local advocacy groups have raised concerns about pricing, but the Bridge Power project is the only new scheme working its way through the system. Other independent power projects (IPPs) have been stalled by World Bank and other donors’ concerns over financing.

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