Nigeria: NERC Sets Up Transmission Infrastructure Fund With N2.17/kWh Tariff Charge
The Nigerian Electricity Regulatory Commission (NERC) has established a Transmission Infrastructure Fund (TIF), which will be financed through a N2.17/kWh charge on energy consumed by electricity customers, marking a significant era in ensuring reliable power transmission.
According to the May 2025 Multi-Year Tariff Order (MYTO) released on Tuesday, the TIF will support critical projects aimed at strengthening the transmission network.
“This Order (MYTO May 2025) provides for the establishment of a Transmission Infrastructure Fund to support the financing of essential transmission infrastructure projects and innovative initiatives needed to enhance transmission services within the Nigerian Electricity Supply Industry (NESI),” the Commission stated.
NERC explained that the fund will be centrally managed and could also be used to secure vendor financing and other Public-Private Partnership (PPP) arrangements to bridge infrastructure gaps in the transmission network.
“A provision of N2.17/kWh of energy delivered to grid off-takers has been made as a contribution toward building the TIF in 2025,” the Order noted. Despite the new levy, the government has retained the current electricity tariffs across all customer bands for the month of May. Customers in Band A will continue paying N209.5/kWh, while Bands B to E will maintain the frozen tariffs set in December 2022.
Commenting on the development, the Executive Director of PowerUp Nigeria, Adetayo Adegbemle, clarified that the creation of the TIF would not affect the actual amount consumers pay for electricity.
According to a report by Vanguard, Adegbemle said, “I think it is like the Meter Acquisition Fund, which was introduced into the MYTO by NERC without changing the tariff payable by consumers.”
“The N2.17 will be contributed by the market in a manner similar to how the contributory pension scheme operates.” Adegbemle emphasized that the main concern lies not in financing the fund but in ensuring its effective management. “I strongly believe it will enhance the market’s capacity to improve transmission infrastructure by accumulating significant capital for the sector, just like the Meter Acquisition Fund has done,” he said.
“The key challenge is in the implementation and administration of the fund. Investments must be directed at projects that genuinely enhance transmission infrastructure,” he added.
Source:https://energynewsafrica.com
Nigeria: NERC Holds Hearing On Application For IEDN License By Green Power Distribution Nigeria Ltd
The Nigerian Electricity Regulatory Commission held a hearing on Monday, May 26, regarding an application filed by Green Power Distribution Nigeria Limited seeking an Independent Electricity Distribution Network (IEDN) license.
The hearing, held at the NERC headquarters, was chaired by the Vice Chairman, Dr. Musiliu Oseni.
The license would enable the applicant to distribute electric power to three off-takers: Good Band Industry Nigeria Limited, Longxiang Industrial Company Limited, and Nitong Material Company Limited.
Following a final review of the application, the Commission convened the hearing to allow the applicant to address identified concerns regarding the grant of an IEDN license.
Source: https://energynewsafrica.com
Ghana: Engen Ghana MD Honoured With Leadership Excellence Award At 9th Ghana CEO Summit
The Managing Director of Engen Ghana, Mr. Brent Nartey, has received the prestigious Leadership Excellence 2024 Award in the oil marketing sector at the recently concluded 9th Ghana CEO Summit.
This remarkable accolade marks Mr. Nartey’s second consecutive win at the summit, further solidifying his position as a visionary leader in the industry.
Mr. Nartey’s consistent recognition at the Ghana CEO Summit underscores his unwavering dedication and profound impact on the oil marketing landscape. His previous triumph, the CEO Leadership Excellence Award for 2023/2024 in the same category at the 8th Ghana CEO Summit, set a precedent for his continued success.
This back-to-back achievement is a powerful testament to his exceptional hard work, strategic foresight, and remarkable resilience in steering Engen Ghana toward sustained growth and heightened operational excellence.
Under Mr. Nartey’s astute leadership, Engen Ghana has not only navigated a dynamic market but has also consistently demonstrated a commitment to innovation, customer satisfaction, and corporate responsibility.
His ability to inspire and lead the organization through various challenges, while continuously striving for greater success, truly embodies the spirit of excellence.
This latest award is not merely a personal triumph for Mr. Nartey; it also reflects the collective dedication and robust spirit of the entire Engen Ghana team.
It reinforces the company’s commitment to setting high standards within the oil marketing sector and contributing significantly to Ghana’s economic development.
The management and staff of Engen Ghana congratulated Mr. Brent Nartey on this outstanding and well-deserved recognition, praying that his leadership continues to be an invaluable asset, driving the company’s progress and inspiring its employees to achieve new heights.
Source: https://energynewsafrica.com
His ability to inspire and lead the organization through various challenges, while continuously striving for greater success, truly embodies the spirit of excellence.
This latest award is not merely a personal triumph for Mr. Nartey; it also reflects the collective dedication and robust spirit of the entire Engen Ghana team.
It reinforces the company’s commitment to setting high standards within the oil marketing sector and contributing significantly to Ghana’s economic development.
The management and staff of Engen Ghana congratulated Mr. Brent Nartey on this outstanding and well-deserved recognition, praying that his leadership continues to be an invaluable asset, driving the company’s progress and inspiring its employees to achieve new heights.
Source: https://energynewsafrica.com Exxon To Sell French Business To Canadian Firm
ExxonMobil intends to sell its 83% stake in its French business Esso SAF to Canada-based energy firm North Atlantic, the U.S. supermajor said on Wednesday.
ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic’s French subsidiary for both the proposed sale of its 82.89% majority shareholder interest in Esso SAF and the proposed sale of ExxonMobil Chemical France SAS.
The sale includes the Gravenchon refinery in Normandy, currently owned by Esso SAF and ExxonMobil Chemical France, and related assets.
The final price of the transaction will be fixed before the completion of the deal, which is expected to occur in the fourth quarter of 2025, Exxon and Esso said in separate statements.
ExxonMobil noted that with the exception of those part of the previously announced redundancy plan, all of the approximately 1,350 employees in France will be retained and remain on the same employment terms and conditions.
The Esso brand will remain at retail fuel stations, said ExxonMobil, which also noted that the proposed sale is aligned with its business strategy.
Ted Lomond, President and CEO of North Atlantic, commented, “We are eager to consolidate Gravenchon’s role as a vital center of French energy and industry for decades to come and grow North Atlantic into a premier transatlantic energy company.”
Last year, ExxonMobil completed the sale of the Fos-sur-Mer refinery in France to a consortium composed of Entara and Trafigura. The deal included the Toulouse and Villette-de-Vienne terminals, operated by Esso.
With the sale of the 140,000 barrels per day refinery, Exxon reduced its total refining capacity in Europe to about 1.1 million bpd, according to estimates compiled by Bloomberg.
Still, Exxon remains the second-largest refining capacity holder in northwestern Europe, after France’s TotalEnergies.
In Wednesday’s statement to announce the intention to sell its entire majority stake in Esso, Exxon said that “Europe is an important region for ExxonMobil where there will continue to be a meaningful presence.”
Source: Oilprice.com
Ghana: ECG To Deploy 200 New Transformers In Accra And Other Cities To Boost Electricity Stability
The Electricity Company of Ghana (ECG) will soon deploy about 200 new transformers with higher capacity to replace the existing ones and ensure a reliable power supply in Accra and other cities, Energy and Green Transition Minister John Abdulai Jinapor has revealed.
Accra, the capital city of Ghana, and other towns have been experiencing power outages, which have become a major concern for many Ghanaians.
Experts have blamed the situation on a lack of investment in power distribution infrastructure, leading to the overloading of transformers.
Minister Jinapor, who took office about four months ago, has tasked ECG to inject new transformers into the distribution system to ease the pressure on the existing ones with low capacity.
Speaking at the opening ceremony of the 2025 West African Mining and Power Expo (WAMPEX) in Accra, Minister Jinapor reaffirmed the government’s commitment to improving energy reliability and infrastructure as a key enabler of sustainable investment in the region.
“I’m happy to note that despite the challenges we inherited, the recent report I got is that recent power generation has been stable, and we have even begun exporting some power,” the Minister said.
“What we need to do is to continue to improve the transmission network and the distribution network.”
He revealed that he had given urgent approval to ECG to inject approximately 200 new transformers across the country’s major urban centers.
This is expected to enhance electricity transmission and distribution, helping to reduce outages and voltage fluctuations that have plagued several communities.
“In this regard, I have granted approval to the ECG to, as a matter of urgency, inject about 200 new transformers in our major capital cities in order to ensure that we do not just generate power, but we’re able to transmit power and distribute that to consumers in an effective and efficient manner,” he stated.
Source:https://energynewsafrica.com
Kenya: MojaEV, Green Max Capital Partner To Accelerate Kenya’s EV Adoption
Kenya’s electric mobility drive has received a major boost following a strategic partnership between MojaEV, a leading electric vehicle (EV) distributor, and Green Max Capital Advisors, aimed at easing access to EVs for public transport operators.
The landmark agreement seeks to roll out electric taxis, matatus, and buses by offering affordable, flexible financing solutions that lower the barrier to EV ownership, particularly for low-income drivers.
Green Max Capital will provide concessional funding backed by the IKEA Foundation, absorbing the initial risk of defaults in a bid to de-risk the lending model for future investors. “This is the first large-scale financing initiative that enables Uber drivers to ultimately own electric vehicles,” said Clifford Aron, CEO of Green Max Capital Group.
“By taking on the first-loss risk, we’re creating a framework for MojaEV and eventually local financial institutions to provide sustainable EV financing.”
The pilot phase will begin with 20 Uber drivers, with Green Max covering 20% of the vehicle cost at concessional interest rates, while MojaEV covers the remaining 80%.
The program includes a lease-to-own structure, allowing drivers to gradually pay off the cost of the vehicle and eventually gain full ownership.
The initiative directly tackles major hurdles to EV adoption in Kenya, including high upfront costs, range anxiety, and scarce financing options.
It also aligns with national and global climate goals by reducing emissions from the transport sector. “Electric vehicles are the future of transportation,” said MojaEV CEO Wang Ai Ping.
“This partnership is a critical step toward building a cleaner, greener future for Kenya.”
Ken Obuya, Chairman of the Drive Electric Group SACCO, hailed the agreement as a breakthrough for EV drivers across the country, signaling a scalable model that could transform the entire public transport ecosystem.
If successful, the pilot will expand to include matatus and buses, accelerating Kenya’s transition to a climate-resilient, low-emission transport system.
Source: https://energynewsafrica.com
Ghana: Frequent Electricity Systems Maintenance Is A Red Flag—Not Routine –Says Dr. Apetorgbor
By Dr. Elikplim Kwabla Apetorgbor
Ghana’s electricity sector is flashing red, and we must not ignore the alarm. The recent surge in scheduled and emergency maintenance operations by the Electricity Company of Ghana (ECG) and the Ghana Grid Company (GRIDCo) points to a deeper structural crisis. These maintenance exercises, occurring with increasing frequency, are no longer just routine interventions.
They reflect a dangerously overstretched transmission and distribution infrastructure that risks a catastrophic system collapse if left unaddressed.
This is not business as usual. In any well-managed power system, maintenance is planned, predictive, and preventive—not reactive and disruptive. When maintenance work begins to dominate operational calendars, it signals underlying stress, underinvestment, and system fragility. Ghana is fast approaching that breaking point. GRIDCo and ECG’s aging assets are bearing loads and stresses they were never designed to carry for this long without reinforcements.
Beyond technical concerns, the economic toll is devastating. Every hour of unplanned outage due to maintenance translates into significant revenue loss for ECG, already battling with over 27% unaccountable losses and inefficiencies. Industries shut down, households suffer, and trust in the power supply system erodes. Globally, best practices demand that governments prioritize investments in electricity transmission and distribution as foundational public infrastructure—on par with roads and water systems.
Countries that fail to do so suffer blackouts, industrial flight, and economic stagnation. Ghana cannot afford this. The time has come for the government to move beyond firefighting—crisis management. A focused emergency intervention is needed to recapitalize ECG and GRIDCo for strategic investment in transmission lines, substations, transformers, and digital monitoring technologies. Concessionary loans, infrastructure bonds, or targeted budgetary allocations should be considered immediately.
We must stop normalizing frequent outages due to so-called maintenance. These are warnings. Without immediate attention, Ghana could face a widespread, injurious system collapse. Let us act before that becomes our reality.
The writer is the Chief Executive Officer of Independent Power Generator Ghana
Ghana: Acting VRA CEO Obeng-Kenzo Honoured At 2025 CEO Summit
The Acting Chief Executive of the Volta River Authority (VRA), Mr. Edward Ekow Obeng-Kenzo, has been recognized and honoured for his exemplary leadership and significant contributions to the growth and sustainability of the energy generation sector.
He was conferred with the “Special Leadership Award in the Energy Sector” by the organizers of the CEO Summit 2025.
The distinguished honor was presented to Mr. Obeng-Kenzo by President John Dramani Mahama, who served as the Special Guest of Honor for the ninth edition of the summit.
Other Chief Executives, primarily from the private sector, were also recognized at this premier platform for strategic discourse and engagement that fosters public-private partnerships.
The summit notably convenes the nation’s most influential business figures. The VRA delegation present also included Acting Deputy Chief Executives: Mr. Samuel Kwesi Fletcher (Services); Mr. Samuel Odartey Lamptey (Engineering and Operations); and Mr. John Maxwell Mbeele (Finance). Other attendees were Director Commercial Services, Mrs. Miriam Darke; Director Technical Services, Mr. Akim Tijani; Director Corporate Strategy, Mr. Clement Boakye; and Mr. Francis Abban, Manager Corporate Communications and Branding.
Source: https://energynewsafrica.com
Other Chief Executives, primarily from the private sector, were also recognized at this premier platform for strategic discourse and engagement that fosters public-private partnerships.
The summit notably convenes the nation’s most influential business figures. The VRA delegation present also included Acting Deputy Chief Executives: Mr. Samuel Kwesi Fletcher (Services); Mr. Samuel Odartey Lamptey (Engineering and Operations); and Mr. John Maxwell Mbeele (Finance). Other attendees were Director Commercial Services, Mrs. Miriam Darke; Director Technical Services, Mr. Akim Tijani; Director Corporate Strategy, Mr. Clement Boakye; and Mr. Francis Abban, Manager Corporate Communications and Branding.
Source: https://energynewsafrica.com Nigeria: Kaduna Electric Partners With Indian Companies To Boost Power Infrastructure
Kaduna Electric, a power distribution company in Nigeria, has signed significant agreements with India-based Akanksha Power and Infrastructure Ltd to strengthen its infrastructure and services.
The agreements were signed during a recent visit to India by a four-member delegation from Kaduna Electric’s Board of Directors, led by Aminu Abubakar Suleiman.
The agreements aim to enhance power supply and foster industrial cooperation. A key highlight was the signing of a five-year maintenance and supply agreement with Akanksha Power and Infrastructure Ltd, valued between $10-15 million.
The agreement was signed by Chairman Aminu Abubakar Suleiman on behalf of Kaduna Electric, and RN Bastia, Chairman of Akanksha Power, along with Bipin Mohapatra, Managing Director.
In addition, Kaduna Electric formalized a partnership with Vigyan Labs through a Memorandum of Understanding (MOU) to develop critical data center infrastructure, marking an expansion into advanced digital support systems.
To further strengthen industrial ties, Kaduna Electric also signed an industrial cooperation agreement with the Ambad Industries & Manufacturers’ Association (AIMA), represented by its President, Lalit Boob.
This agreement aims to create new opportunities for electrical equipment manufacturers in Nashik to meet Nigeria’s growing demand for electric infrastructure.
Kaduna Electric’s Chairman announced that Akanksha Power and Infrastructure Ltd has been awarded the contract to set up a 5MW solar power plant in Nigeria, underscoring Kaduna Electric’s commitment to renewable energy initiatives.
These strategic collaborations are expected to boost Kaduna Electric’s operations and open new avenues for technology and knowledge exchange between Nigeria and India.
Source: https://energynewsafrica.com
Ghana: J.K Horgle Transport & Co. Limited Named Best Petroleum Haulage Company For Three Years By Vivo Energy
Ghana’s largest petroleum haulage company, J.K. Horgle Transport & Co. Ltd, has been named Best petroleum haulage company for three years by Vivo Energy Ghana, Shell’s licensee.
The company was named Best Transporter for 2022, 2023, and 2024.
Since its establishment over forty years ago, JK Horgle Transport Company has transformed the West African petroleum logistics sector by championing homegrown excellence through rigorous training, continuous monitoring, and effective rewards management.
This dedication to performance underscores why J.K Horgle Transport &Co. Limited remains a trusted name in the sector over the past four decades.
The award was based on the company’s compliance with driver training, safety of its Bulk Road Vehicles (BRVs), and product security.
J.K Horgle Transport &Co. Limited transports bitumen, aviation turbine kerosene, lubricants, and white products, prioritizing safety and security in Ghana and other West African nations.
Speaking to energynewsafrica.com Chief Executive Officer of J.K Horgle Transport & Co. Limited, Mr. Joseph Kwaku Horgle, hailed the award, saying it signifies the company’s commitment to compliance and quality service.
He added that the award gives his company more open market value. He stated that Shell’s petroleum products are good, emphasizing that there is zero tolerance for fuel adulteration.
Mr. Joseph Kwaku Horgle commended the management and staff of his company for their diligence and dedication to their core duties and urged them to continue in the spirit of hard work, discipline, and dedication to the petroleum downstream sector.
About J.K. Horgle Transport Ltd.
J.K. Horgle Transport & Co. Ltd. is a wholly Ghanaian-owned family business spanning over 40 years. It is a leading logistics company in West Africa, known for the safe and efficient delivery of petroleum products.
They extend mentorship and training to companies across multiple African countries, maintaining SHELL certification since 2007 with an outstanding 99% assessment average. Their dedicated team of over 700 staff and 500 trucks has earned industry recognition and awards, positioning the company as a hallmark of excellence in Ghana and West Africa.
They offer extensive CSR support and industrial training, contributing significantly to Ghana’s economy. J.K. Horgle Transport Company also champions inclusivity with female empowerment training programs and the equal employment of females in traditionally male roles, ensuring great livelihoods for all. The company also opens its doors to industrial attachments and looks for opportunities to support petrochemical and auto engineering training institutions.
Source: https://energynewsafrica.com
Ghana: ECG Container Saga: Ministry Of Energy Retrieves Over 2,600 Containers
Ghana’s Ministry of Energy and Green Transition announced that it has retrieved 2,637 containers belonging to the Electricity Company of Ghana (ECG), twice the number of containers presumed to have gone missing with their contents.
Spokesperson for the ministry, Richmond Rockson, disclosed to the Daily Graphic that the committee investigating the missing containers discovered 2,637 containers at the Port of Tema consigned to ECG, instead of the 1,300 initially reported missing.
According to Rockson, as of April 30, 2025, ECG had 2,583 outstanding containers at various locations.
He stated that 860 containers were found at Meridian Port Services, 1,237 at GPHA Terminals, 272 were evacuated by National Security personnel, 194 were located at Amaris Terminal, and 20 were retrieved at ATLAS Manufacturing Terminal.
In March, during an official interaction between Minister of Energy and Green Transition John Abdulai Jinapor and ECG, the power distributor claimed to have 2,491 uncleared containers filled with cables and other essential equipment at the Tema Port.
The Minister raised concerns about the issue and vowed to search for the containers’ whereabouts.
The Minister set up a committee chaired by Professor Innocent Senyo Acquah to investigate the claims.
The committee found that while ECG claimed 2,491 uncleared containers, an independent audit found only 1,134 containers, leaving 1,357 missing. “The over 1,300 containers cannot vanish into thin air. We will ensure those responsible are held accountable,” Minister Jinapor said.
Further analysis showed that 2,437 containers surpassed the 60-day clearance window and were classified as uncleared cargo list (UCL), with 41 verified lists cleared from the port, leaving 2,583 containers. Rockson said delays in clearing those containers resulted in excessive port charges.
ECG and port authorities would engage on the roadmap for outstanding payments.
The Spokesperson said the Chief of Staff, Julius Debrah, had directed that all retrieved containers be evacuated immediately to ECG’s safe warehouses, with inventory taken to ensure all materials are accounted for.
The Energy Minister recognized that the challenges resulted from ECG’s procurement method and directed that suppliers must clear and deliver procured items to ECG.
The Minister also directed ECG to suspend all non-essential procurements pending a review of its procurement policies.
Rockson disclosed that the former Managing Director of ECG, Subik Mahama, had been invited by security agencies and his caution statement taken.
“Some ECG staff have been asked to step aside due to the investigations,” he said.
The Office of the Attorney-General would advise on the way forward, and Rockson assured that anyone found culpable would be held responsible.
Source:https://energynewsafrica.com
Ghana: New Ghana Gas Board Embarks On Familiarization Tour To Boost Operational Efficiency
Ghana National Gas Company Limited’s newly constituted Board of Directors has embarked on a two-day familiarization tour of the company’s key operational sites and facilities in the Western Region.
The tour, led by Board Chairman Mr. Kofi Totobi Quakyi, aimed to provide Board members with a deeper understanding of Ghana Gas’ operations, infrastructure, and stakeholder engagements.
During the visit, the delegation paid a courtesy call on Awulae Agyenfi Kwame, Paramount Chief of Nsein and Board member, strengthening ties between the company and local stakeholders.
The team then proceeded to the Atuabo Gas Processing Plant (GPP1), where they received detailed briefings on the plant’s critical role in Ghana’s gas infrastructure.
The Board commended the technical staff for their commitment and expertise in managing the plant over the past decade.
Additional site visits included the LPG Bottling Plant in Axim, the Gas Lodge, the Ghana Gas Trauma Centre, and the ongoing 20-bed mini-hospital project at Ayinasi. During a staff engagement session at the Atuabo Gas Complex, employees pledged their continued support to the new leadership.
Mr. Totobi Quakyi reaffirmed the Board’s commitment to enhancing operational efficiency, reducing waste, and optimizing revenue generation to support national development initiatives.
The Board Chairman also emphasized the strategic importance of advancing the second phase of the Gas Processing Plant (GPP2) to expand Ghana’s gas infrastructure.
The tour concluded with inspections at the Prestea Regulatory and Metering Station (PRMS) and other installations within the Sekondi-Takoradi Metropolis.
Source:https://energynewsafrica.com
During the visit, the delegation paid a courtesy call on Awulae Agyenfi Kwame, Paramount Chief of Nsein and Board member, strengthening ties between the company and local stakeholders.
The team then proceeded to the Atuabo Gas Processing Plant (GPP1), where they received detailed briefings on the plant’s critical role in Ghana’s gas infrastructure.
The Board commended the technical staff for their commitment and expertise in managing the plant over the past decade.
Additional site visits included the LPG Bottling Plant in Axim, the Gas Lodge, the Ghana Gas Trauma Centre, and the ongoing 20-bed mini-hospital project at Ayinasi. During a staff engagement session at the Atuabo Gas Complex, employees pledged their continued support to the new leadership.
Mr. Totobi Quakyi reaffirmed the Board’s commitment to enhancing operational efficiency, reducing waste, and optimizing revenue generation to support national development initiatives.
The Board Chairman also emphasized the strategic importance of advancing the second phase of the Gas Processing Plant (GPP2) to expand Ghana’s gas infrastructure.
The tour concluded with inspections at the Prestea Regulatory and Metering Station (PRMS) and other installations within the Sekondi-Takoradi Metropolis.
Source:https://energynewsafrica.com Nigeria: Wärtsilä Selected To Develop 30 MW Power Plant Project In Lagos
Technology group Wärtsilä has been selected to supply power generation equipment for a new 30 MW power plant being set up on Victoria Island in Lagos by a Nigerian independent power producer (IPP), Victoria Island Power Ltd. (VIPL), a special-purpose company incorporated by Lagos-based Elektron Energy.
Wärtsilä will also operate and maintain the power plant for a period of five years on behalf of the customer.
The engineering, procurement, and construction (EPC) responsibility, together with the operation and maintenance (O&M) agreement, has also been entrusted to Wärtsilä.
This project is a first-of-its-kind for Nigeria and is expected to serve as a model to enable similar, optimally sized and locally financed power projects in the country.
The facility will comprise three Wärtsilä 34SG gas engine-generator sets with related auxiliaries and is configured to accommodate an extension with one additional engine-generator set at a later stage.
The Wärtsilä modular power plant design concept enables this in a cost-effective manner with minimal disruption to ongoing operations.
The power plant running on natural gas will be embedded within the Eko Electricity Distribution Company (EKEDC) at their NEPA Close Site and has been developed through the collaborative efforts of Elektron Energy and their local partners.
The plant will enhance the availability and reliability of power supply to the consumers served by EKEDC. VIPL has also secured power purchase agreements (PPAs) with individual customers on a service-based tariff philosophy.
“Elektron has conceptualised, developed, and funded the IPP and has secured the implementation by engaging Wärtsilä to assume single point responsibility for the major construction and operational aspects related to the eventual power generation facility. This pioneering project relies on reciprocating internal combustion engine (RICE) technology that has the efficiency and flexibility to deliver clean and reliable electricity to our customers”, says Deen Solebo, Co-CEO & CFO at Elektron Energy.
“I was very impressed by Wärtsilä’s state-of-the-art manufacturing facilities during my visit to the Sustainable Technology Hub in Vaasa, Finland in late Q3 2024 and am happy with the readiness of the engine-generator sets. In parallel, clearing and preparation activities at the NEPA Close Site are progressing well and are due for completion within Q2 2025, after which construction can start. Commissioning is expected 15 months thereafter and the Operations & Maintenance agreement is timed to commence prior to the new build project reaching commercial operations date (COD)”, Deen summarised.
“Wärtsilä’s core competence in the engine power plant and services aspects represents a unique combination of a global company with a local presence that provides developers and financiers the comfort to invest and gives end-customers the confidence to sign up for PPA’s with medium to long-term tenures. The Wärtsilä solution is extensively adopted by industrial, utility & IPP customers worldwide and the excellent credentials and track record have been recognised as a great value proposition by lenders, insurance companies, and multi-lateral funding institutions,” says Marc Thiriet, Energy Business Director, Africa at Wärtsilä Energy.
“Elektron is especially grateful to the invaluable contributions of its institutional investors and funding partners who have made this project possible including ARM Harith Infrastructure Fund LP, Nigerian Sovereign Investment Authority, InfraCredit, Bank of Industry, FBN Quest, and Stanbic Infrastructure Partners,” Deen added.
Source: https://energynewsafrica.com
Ghana: Energy Minister Receives Report Of The Petroleum Downstream Sector Reforms Committee
Ghana’s Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has received the report of the Petroleum Downstream Sector Reforms Committee (PDSRC), inaugurated on March 14, 2025, to assess Ghana’s petroleum downstream sector.
The Committee was further tasked with proposing measures to enhance the sector’s efficiency, transparency, competitiveness, and long-term sustainability.
Presenting the report to the Minister on behalf of the committee, the Chairperson, Madam Emma Bulley, Esq., revealed that the Petroleum Downstream Sector has been saddled with numerous challenges.
“The Petroleum Downstream sector has been plagued by a myriad of challenges, including infrastructure bottlenecks, regulatory lapses, non-compliance by some Petroleum Service Providers (PSPs), operational inefficiencies, market constraints, illicit activities leading to unhealthy competition, compromised product quality, and revenue loss to the state.”
Fortunately, the Committee has made several recommendations. Implementing these reforms will transform Ghana’s petroleum downstream sector into a resilient and competitive one.
“We expect the full commitment of all stakeholders,” Minister Jinapor said.
Hon. John Jinapor thanked the committee for their commitment and professionalism.
“I want to thank the members of the committee and all stakeholders for their commitment and professionalism. I had absolute confidence that the members of the committee would deliver nothing short of excellence. We pledged to reset Ghana, including the energy sector. The downstream sector is a crucial part of the industry, and we aim to enhance regulation while addressing operational inefficiencies and infrastructural bottlenecks.”
Members of the committee include Madam Emma Bulley, Esq. (Chairperson), Dr. Kwabena Donkor, Ing. James D. Yamoah, Abass Ibrahim Tasunti, Joshua Anaman Sackey, Samuel Mills Anderson, Dr. Patrick Kwaku Ofori, Dr. Riverson Oppong, Gershon Klutse, and Isaac Kofi Ampofo (Secretary).
Source: https://energynewsafrica.com
Hon. John Jinapor thanked the committee for their commitment and professionalism.
“I want to thank the members of the committee and all stakeholders for their commitment and professionalism. I had absolute confidence that the members of the committee would deliver nothing short of excellence. We pledged to reset Ghana, including the energy sector. The downstream sector is a crucial part of the industry, and we aim to enhance regulation while addressing operational inefficiencies and infrastructural bottlenecks.”
Members of the committee include Madam Emma Bulley, Esq. (Chairperson), Dr. Kwabena Donkor, Ing. James D. Yamoah, Abass Ibrahim Tasunti, Joshua Anaman Sackey, Samuel Mills Anderson, Dr. Patrick Kwaku Ofori, Dr. Riverson Oppong, Gershon Klutse, and Isaac Kofi Ampofo (Secretary).
Source: https://energynewsafrica.com