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The Power System of Ghana is run by three utility companies: the Volta River Authority (VRA), Ghana Grid Company Limited (GRIDCO) and Electricity Company of Ghana (ECG).
Siginik has inked a more than $280 million worth of power purchase agreement for a period of 25-year with the country's second biggest utility -- Electricity Company of Ghana Ltd.
The team will also be tasked with helping the Electricity Company of Ghana to improve the reliability of its internal computer network -- a vital issue in many African countries tied to their economic competitiveness.
On the other hand, his counterpart in Ghana would simply apply by letter to the Electricity Company of Ghana (ECG), which is solely responsible for the distribution of electricity within the country, for the facility.
As I write, the Volta River Authority (VRA) of Ghana (which generates electricity from the Akosombo Dam) has begun to reduce the power it supplies to the Electricity Company of Ghana (ECG) which distributes power throughout the country because the water level in our main dam at Akosombo has fallen below the operating level.
Till the situation turns back to normal supply, it had urged the Electricity Company of Ghana (ECG) to take up a load management exercise.
The new sub-station will enhance stability of power distribution from the Asiepe sub-station and provide 80MVA to the Electricity Company of Ghana in the region.
The World Bank has commended the Electricity Company of Ghana (ECG) for the disbursement of about $39 million under the Ghana Energy Development and Access Project (GEDAP), citing it as the highest of any world Bank project currently under implementation in Ghana.