The Ghana Grid Company (GRIDCo) together with its counterpart in Côte d’Ivoire, Compagnie Ivorienne d’Electricité (CIE) and Côte d’Ivoire Énergies (CI-Energies) have signed a Transmission Service Agreement, following an extensive negotiation process.
Since the construction of the Ghana-Cote d’Ivoire tie-line in 1983, Power has often been exported via the Prestea Substation in Ghana to Côte d’Ivoire.
When the tie-line was operationalised, the power exchange agreement signed between VRA and the Ivorian counterparts had a tariff, which was a composite of both the generation and transmission charges for energy supplied.
However, since the creation of GRIDCo through the separation of the transmission department of VRA (following the implementation of Energy Sector Reforms in Ghana in the early 2000s), it became necessary to have a separate Transmission Service Agreement with the Ivorian counterpart.
Accordingly, following an elaborate negotiation process, the Chief Executive of GRIDCo, Ing. Ebenezer Kofi Essienyi was in Abidjan to sign the Transmission Service Agreement together with the CEOs of CIE and CI-Energies, which will be the framework that will govern the transmission of power on the Ghana-Cote d’Ivoire interconnection.
“GRIDCo remains committed to playing a leading role in the provision of quality and reliable power supply within the sub-region,” a statement from GRIDCo said.
Source: https://energynewsafrica.com