Ghana’s Energy Infrastructure Receives GH₵ 2.5 Billion Investment

Ghana’s Vice President, Dr. Mahamudu Bawumia, has inaugurated the Bulk Power Supply Point (BSP) at Kasoa in the Central Region on Wednesday, June 1, 2022.

The inauguration of the Kasoa Bulk Supply Point (BSP) is a culmination of the United States’ nearly six-year investment of GH₵ 2.5 Billion($316 million) in Ghana’s energy sector.

The 435 MVA project has supported more reliable power for hundreds of thousands of schools, hospitals, offices, and homes in Ghana.

With funding by the Millennium Development Authority (MiDA) under the Ghana Power Compact Agreement with the Government of the USA, it is the second largest bulk power supply under the agreement after the Pokoase Bulk Power Supply.

The Kasoa BSP will help stabilise voltages, mitigate outages in the power system, boost the quality and reliability of power supplied to the Awutu Senya East Municipality in the Central Region of Ghana.

Being the second-largest BSP, the 435-megavolt ampere (MVA) gas-insulated power substation will serve 250,000 ECG customers.

It will also reduce technical losses in the power transmission and distribution system, contributing to the financial viability of the Electricity Company of Ghana (ECG) and the Ghana Grid Company (GRIDCo) in the long term.

Nicole  Chulick, Deputy Chief of Mission of the U.S. Embassy, “With the inauguration of the Kasoa Bulk Supply Point here today, we mark the successful completion of the MCC Ghana Power Compact.”

The MCC Ghana Power Compact successfully improved the country’s power sector through the construction of four power substations.

These new power substations directly serve the 37 Military Hospital, Greater Accra Regional Hospital, University of Ghana Medical Center, Noguchi Memorial Institute for Medical Research, the National Mosque, and over 800,000 utility customers.

The Parliament intends update twenty regulations for energy efficiency standards and labels to reflect new technology in the power sector.

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