A delegation from the European Investment Bank is in Ghana to hold discussions with the Ghana Grid Company (GRIDCo) on possible areas of cooperation.
The discussion involved funding critical projects which will strengthen the cross-border trade between Ghana and its neighbours in the West African Power Pool.
Of key interest was the funding of the second interconnection between Ghana and Côte d’Ivoire at 330kV and co-funding the 330kV Pokuase–Anwomaso project with Kreditanstalt Für Wiederaufbau (KfW).
These projects, when completed, would improve reliability, reduce transmission losses and promote Ghana’s export agenda.
The delegation was led by Mrs. Marielle Leseur, EIB Loan Officer for Ghana.
They were received by Ing Vincent Boachie, Director of Engineering at GRIDCo, and other Management members on behalf of the Chief Executive, who was away on another equally important assignment.
EIB’s focus areas include energy, water and sanitation, transport, cities, SMEs and private sector support.
Source: https://energynewsafrica.com