Business News of Wednesday, 3 April 2013

Source: myjoyonline

Gov’t takes over Takoradi thermal plant

Government has officially taken over the Takoradi 132 MW Thermal Power Plant (T3), the Ministry of Energy and Petroleum has announced.

This follows a successful completion of the project and the subsequent successful performance tests conducted by the contractor, Canadian Commercial Corporation (CCC) on the plant.

The formal handing over ceremony held at the ministry on Tuesday April 2, 2013, signified the commencement of commercial operations of the plant.

A statement signed by the head of communications at the ministry, Edward Bawa, said “this means the T3 Plant will now be run by the Volta River Authority (VRA) on behalf of Government of Ghana”.

The signing of the Taking-Over Certificate was done by the Minister for Energy and Petroleum, Hon. Emmanuel Armah-Kofi Buah and Chief Executive Officer of the VRA, Kweku Awotwi, for the employer, GoG, while Trudy Kernighan, Canadian High Commissioner and John Bayley, Vice President of MAGELLAN AEROSPACE, signed on behalf of the Contractor.

The minister in his brief remarks thanked the Canadian government for its support in the power sector and promised to ensure regular maintenance of the plant for maximum output.

He also indicated that this plant will help reduce the deficit in power supply.