AfricaEconomyOil & Gas/Mining

Ghana To Lose US$40m/month If Karpower Plant Isn’t Moved – Energy Minister

Ghana will lose US$40million every month if the country fails to relocate the current station of the Karpower Plant from Tema to the Aboadze Power Enclave in the Western Region, Energy Minister John Peter Amewu, has disclosed. The 470-megawatt capacity Karpower ship, was meant to augment the country’s energy supply. It is, however, being under-utilised.

“If you refuse, for instance, to relocate Karpower as quickly as possible, this government will be losing US $40million every single month,” Mr. Amewu told the media in Western Region during a tour of some energy facilities.

The relocation will also ensure availability and access to cheaper fuel supply to the plant to ensure continuous power supply.

Meanwhile, the Minister has served notice to all Chief Executive Officers (CEOs) of state institutions under him that he will not hesitate to sack them if they fail to listen to him.

Mr. Amewu issued the warning after CEOs of the Volta River Authority (VRA), Ghana National Gas Company (Ghana Gas) and the Ghana National Petroleum Corporation (GNPC) failed to show up at a scheduled visit to the Aboadze Terminal Plant, even though they had been given prior notice.

Source: The Publisheronline
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