Ghana HEPÂ is set to receive a boost from the development of a US$164million hydro power project that will see the country generate an extra power of 43 Megawatts to the National Geogrid.
The deal was sealed in Ghana between the Ghana’s leading Electricity Company ECG and the small Hydro Development Company Limited.
The hydro power plant project will be fully owned and run by the Ghanaian Independent Producer and the water for the generation will be tapped from River Ankobra.
According to SHDCL Director Kwadwo Poku the feasibility of the project has already been carried out and so far three potential locations along the River Ankobra including Maham, Nsuaem and Tarkwa that the project will be suitable at.
He added that the company has acquired a provisional IPP licence from the Energy Commission and has initiated approval processes with the Water Resource Commission.
Poku said the construction will begin in the first quarter of 2017 after they have carried out the Social Impact Assessment and also see any form of compensation of the communities living near the area.
The company awarded the contract is currently the leading player in Ghana in applying the latest innovative technologies and also in discovering new opportunities in energy resources.
He also added that the company is currently implementing the gauging station by merging major tributaries across the country to the main river so that they can gather enough water to run the project.