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GH-PPA-2016-001

Aboadze Thermal IPP

VoltaGen Partners · Thermal (Gas) · 350.00 MW

Summary

A 350MW gas-fired IPP near Aboadze with take-or-pay obligations and sovereign payment guarantee.

Key terms

Offtaker
Electricity Company of Ghana (ECG)
Signing date
Financial close
2016-06-15
Commercial operation
Contract duration
20 years
Tariff structure
Capacity + Energy
Capacity charge
Energy charge
Key risk features
Take-or-pay Government guarantee Currency indexation

Procurement details

Method
Direct negotiation
Authority
Ministry of Energy
Tender launched
2015-06-15
Contract awarded
2016-03-15
Number of bidders

Bid process summary

Procurement conducted in line with Ghana Public Procurement Act.