Ghana parliament approves Early Power deal

Parliamentary approval for a deal to install up to 400MW at Tema opens the way for a power purchase agreement 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 currently working its way through the system, where other independent power projects have been stalled by World Bank and other donors’ concerns over financing.