Vice President Paa Kwesi Bekoe Amissah-Arthur on Thursday cut the sod for the start of work on a 350-megawatt(MW) power project in Kpone, near Tema in the Greater Accra Region.
The project, being developed by CEN Power Generation Limited, is one of many independent power projects ongoing in the country.
Vice President Amissah-Arthur welcomed the participation of the Independent Power Producers (IPPs) in the country’s power sector, noting that government is committed to addressing any challenges facing the participation of the IPPs.
Government, he said, is working to achieve the 2016 production target of 5,000 MW of generation capacity to meet the increasing demand power.
The vice president acknowledged the effects of the load management regime on businesses and households, which is the result of the current demand rate far outstripping supply.
He announced that government is doing whatever it can to help solve the situation and has so far invested in about 1000MW of generation capacity in the last six years.
According to Vice President Amissah Arthur, currently there are 16 power generation projects in the country and which are nearing completion, so with improved capacity in the power sector business would improve and also create more job openings for the youth.
He said because of the increasing rate of demand for energy, government remains mindful of the need to encourage more independent power producers to participate in power production to complement government’s efforts and lauded CEM Power for being part of the success story of providing a power plant with the capacity of 350 MW in Ghana
The vice president said the plant would run on a combined Cycle Gas Turbine Technology operating on both natural gas and liquid fuel, thus ensuring high continuous power availability.