Amandi Energy power plant, Ghana
Name of the Project
Amandi Energy power plant.
Location
The project is located in Aboadze, Ghana.
Client
Amandi Energy.
Project Description
The project entails the construction of a 203 MW combined-cycle, dual-fuel power plant.
The plant will initially be fuelled by light crude oil, but is expected to switch to indigenous gas from Ghana’s offshore Sankofa natural gasfield once the field is operational.
The plant will be one of the most efficient power plants in Ghana and will produce more than 1 600 GWh/y, energising up to one-million Ghanaian households.
Amandi Energy will sell power to the Electricity Company of Ghana under a 25-year power purchase agreement.
Potential Job Creation
The plant’s construction will create 400 jobs, most of which will be filled by Ghanaians.
The power plant will employ up to 40 people full-time.
Value
$552-million. This comprises $134-million in equity from the sponsor group, which includes Endeavor, AFG, Aldwych, Pan African Infrastructure Development Fund 2, or PAIDF2, managed by Harith General Partners, and the ARM-Harith Infrastructure Fund.
The balance of funding ($418-million) will be provided by the Overseas Private Investment Corporation, which will provide a $250-million loan; the CDC group, which will provide an $83-million loan; and Nedbank Limited and Rand Merchant Bank, which will provide $85-million.
Duration
The project will take 28 months to complete and is expected to come on line in April 2019.
Latest Developments
None stated.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Amandi Energy, tel +233 544 334141 or email amandi.energy@amandico.net.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation