Latest News
Ghana’s Amandi Energy puts in order for 200 MW power plant from GE
News Highlight
- GE said the turnkey power plant would be powered by its 9E.04 gas turbine with tri-fuel capabilities.
General Electric, an American industrial giant, announced today that it would supply a 200 MW combined cycle power plant to Amandi Energy, a Ghanaian independent power producer.
In December 2016, Amandi Energy successfully raised $522 million from several international investors to construct a 200 MW power plant in Aboadze, Ghana. The investors included the US government’s Overseas Private Investment Corporation (OPIC), CDC Group, Nedbank, and Rand Merchant Bank.
GE said the turnkey power plant would be powered by its 9E.04 gas turbine with tri-fuel capabilities, allowing it to be initially fuelled by light crude oil before switching to gas from Ghana’s offshore Sankofa natural gas field once the gas is available.
“GE’s fuel capabilities are unmatched. Having a turbine that is able to switch between fuels can provide increased plant operability allowing for power generation months before the indigenous gas supply would otherwise be available,” said Boaz Lavi, General Manager at Amandi Energy. “This is crucial in helping Ghana meet its growing power needs.”
The Boston-based company will also provide the steam turbine, heat recovery steam generator, associated balance of plant, and 7-year contractual service agreement. The plant’s construction will be overseen by Metka, an Athens-based international engineering contractor. The construction is expected to be completed within 28 months, with the plant scheduled to come online in April 2019.
Electricity from the power plant will be sold to the Electricity Company of Ghana (ECG), the state-owned power distribution company, under a 25-year power purchase agreement. When operational, the power plant will produce over 1,600 gigawatt hours per year of electricity, enough to power up to one million Ghanaian households.
“Our customers have complex fuel needs, and this project illustrates the breadth of solutions we are able to deliver to meet their expectations,” said Leslie Nelson, General Manager, Gas Power Systems at GE Power in Sub-Saharan Africa, “We are pleased that our strong regional presence allows us to get power to our customers, like Amandi Energy, quickly and efficiently.”
Founded in 1892, GE is one of the largest industrial conglomerates in the world, with operations in oil and gas, power, water supply, aviation, healthcare, transportation and capital. The company’s revenues reached $140 billion in 2015.
Related News
Latest Blogs
- How Tinubu Deviates from IMF/World Bank reform recommendations
- Naira commoditisation as CBN's cashless policy flaw
- Why Nigeria’s national DFIs must be recapitalised
- Political party and democracy failure in Nigeria
- Between night vigils and night shifts
Most Popular News
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- Nigeria to host 2025 annual meetings of Afreximbank
- Netflix breaks records with 41 million new subscribers in 2024
- Value of global assets hits record $246.8 trillion
- eNaira, other CBDCs falter on lack of compelling incentive
- Stanbic IBTC posts 43.7 percent growth in profit after tax