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GH-PPA-2019-003

Tema CCGT Expansion

Gulf Power Ghana · Thermal (Gas) · 450.00 MW

Summary

Expansion of Tema combined-cycle gas turbine capacity by 450 MW.

Key terms

Offtaker
Electricity Company of Ghana (ECG)
Signing date
Financial close
2019-08-01
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
2018-08-01
Contract awarded
2019-05-01
Number of bidders

Bid process summary

Procurement conducted in line with Ghana Public Procurement Act.