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Ghana: Sahara Group Opens 6,000-Tonne LPG Depot In Tema

Sahara Group has opened a multimillion-dollar liquefied petroleum gas (LPG) depot in Ghana’s Tema industrial area, adding 6,000 metric tonnes to the country’s storage capacity. The energy company, which operates in Africa, Europe and the Middle East, said the facility would improve LPG availability and supply chain efficiency in Ghana and neighbouring West African nations. The Asharami Ghana Facility Manager Mr. Abayome Oyenuga said it comprises two mounded, propane-rated tanks with a capacity of 3,000 tonnes each, equivalent to a combined storage volume of approximately 12,000 cubic metres of LPG. The terminal has six loading bays, seven product pumps — six main pumps and one standby — and an LPG liquid compressor. It also has a dedicated 12-inch pipeline stretching 3.5 kilometres for transferring LPG. “We have invested heavily in the terminal automation system for this facility. Right from product receipt to dispatch, it is fully automated,” he said. The terminal will operate around the clock in support of the government’s 24-Hour Economy policy, he added. The facility’s automated fire protection and emergency response systems include two water storage tanks with a capacity of 1,700 cubic metres each, multiple emergency shutdown systems, and fire and gas detection systems. It also has three diesel-driven fire pumps supported by jockey pumps to maintain pressure. “We equally have an advanced preventive maintenance and inspection system in place,” he said. The manager said the terminal aimed to strengthen Ghana’s LPG storage infrastructure and ensure reliable supplies with support from Asharami Ghana. It would also serve industrial and commercial customers and create opportunities for local employment and skills development, while maintaining safety standards and operational reliability, he added.   Sahara Group Executive Director Adewale Ajibade said the depot marked the company’s first investment in LPG and praised the Ghanaian government for creating conditions conducive to investment. He thanked Energy and Green Transition Minister John Abdulai Jinapor, the chief executive of the National Petroleum Authority and other stakeholders for their support in bringing the project to completion. Ajibade also commended the contractors involved in the project.

Ghana: NPA Chief Pledges To address Tanker Drivers’ Working Conditions

Ghana’s National Petroleum Authority (NPA) chief executive, Godwin Kudzo Tameklo, has pledged to address concerns over tanker drivers’ working conditions and welfare following a series of strikes that have since been suspended. Tameklo gave the assurance during an emergency meeting with members of the Ghana National Petroleum Tankers Drivers Union (GNPTDU) at the NPA’s headquarters in Accra on Wednesday. The drivers’ grievances include the poor condition of the Tema Oil Refinery–Kpone Road, the deteriorating state of the BOST parking yard, oil loss control and allowances for drivers working long hours on rough roads. Tameklo said the authority would work with relevant institutions to resolve the issues, adding that the Ghana Standards Authority had been brought in to provide an independent assessment of the oil loss concerns. “We are doing all we can to get BOST to agree on these reforms because thankfully when this issue came up, we got a neutral person, which is the Ghana Standards Authority, to stand on the matter and give an unbiased report,” he said. “Let me assure you that the Authority will do everything possible to get to the bottom of this issue, because it is an industry old matter, so it is something that we will take up to look at how to resolve it.” On the TOR–Kpone Road, Tameklo said he was pushing for its inclusion in the government’s “Big Push” programme. He said options discussed for repairing the road included contributions from companies operating in the area and funding through the programme. “I want to assure you that, I am pushing strongly for the road to be placed under the ‘Big Push’ project, it is of major concern to us, because we have done so much in the downstream industry but this road deducts our mark,” he said. The union’s national chairman, George Nyaunu, apologised for failing to notify the NPA before the strike and thanked the regulator for meeting the drivers. “We want to apologise for not informing you ahead of time of our intended strike because we knew if we had told you, you’ll convince us not to go ahead with it,” Nyaunu said. “There was no mention of NPA, we only wanted to let our concerns be heard.” He expressed hope that the discussions would lead to solutions. “We want to thank you for offering a listening ear to all our issues and hopefully solutions can be found to these matters.”

Iran’s Oil Minister Resigns For Personal Reasons

Iran’s Oil Minister Mohsen Paknejad has resigned for personal reasons, state news agency IRNA reported on Sunday, citing Mehdi Tabatabaei, communications deputy in the president’s office.

Paknejad, who had served as oil minister of the OPEC member since August 2024, stepped down as the seven-month-old war between Iran and the United States put pressure on the country’s economy.

Tabatabaei told state television that Paknejad had submitted his resignation “a long time ago” and that President Masoud Pezeshkian had accepted it at the minister’s insistence.

Hamid Bovard, chief executive of the state-owned National Iranian Oil Company, has been appointed acting oil minister, Tabatabaei said.

Before news of his resignation, state media quoted Paknejad as saying that “revenues of the oil that we have sold are still coming and that will continue God willing”.

Ghana: ACEP’s Boss Urges Government, Tullow To Preserve Ties After Tax Ruling

The Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has urged Ghana and Tullow Oil to preserve their commercial relationship following an arbitration ruling dismissing the company’s claims and upholding a $393.09 million tax assessment by the Ghana Revenue Authority (GRA). Boakye said disagreements were inevitable in commercial relationships and that independent mechanisms such as arbitration existed to resolve disputes when parties could not reach agreement. “Losing an arbitration case should not turn a commercial partner into an enemy of the state, he said. “Ghana needs both revenue and investment,” he said. Boakye urged authorities to distinguish commercial disputes from criminal conduct, saying a company’s decision to challenge the state through arbitration did not, in itself, make it an adversary. He called on Ghana to strengthen its capacity to resolve commercial and civil disputes through appropriate civil processes. “Civil remedies matter to investor confidence. They may not always produce politically satisfying outcomes, but they exist to protect rights, resolve disagreements and reduce unnecessary uncertainty in the investment environment.” Boakye said Ghana’s ambition to become a credible seat of international arbitration depended on institutional credibility, rather than declarations alone. Trust, he said, required predictable courts, independent adjudication, respect for contractual processes and confidence that political or state power would not be used to circumvent civil proceedings. Tullow had challenged a $196.5 million corporate income tax assessment relating to proceeds received between 2016 and 2019 under its corporate business interruption insurance policy. The tribunal in London ruled that the assessment did not breach the petroleum agreements between Tullow and the Ghanaian government. Boakye said the government’s recognition of Tullow as an important partner was significant, adding that Ghana needed both revenue from the Jubilee and TEN oilfields and the continued investment and production that generated it. He also pointed to Tullow’s response to the ruling. The company, although disappointed, had indicated that it would engage the government on the implications and next steps. Boakye said that approach reflected how civil and commercial disputes should be handled: parties should present their cases, submit to agreed procedures and pursue any lawful remedies available.

G7 Moves To Release 100 Million Barrels To Counter Diesel Crisis

The G7 and its partners have agreed to release as much as 100 million barrels of emergency diesel and crude stocks over the next four months, putting government inventories into a fuel market that has been running short of refinery output for months. French President Emmanuel Macron said Friday that the release would be coordinated through the International Energy Agency, with an emphasis on diesel. European countries had discussed releasing 50 million barrels of diesel while IEA members would supply another 50 million barrels of crude. President Donald Trump welcomed the move after his administration pressed Europe to draw down its emergency stocks and floated restrictions on U.S. diesel exports. “Europe has just agreed to release a massive amount of their heavily stocked Diesel Oil. The process will begin immediately,” Trump wrote on Truth Social. The market reacted immediately. European gasoil futures fell more than 4% Friday, while Brent dropped about $3 to below $100 per barrel. Diesel’s premium over crude fell to roughly $69 per barrel from $76.77 on Thursday. There is plenty for these reserve barrels to work on. U.S. diesel prices recently reached a record $6.50 per gallon. European diesel futures have traded above $200 per barrel. Middle Eastern refinery outages, Russian refinery damage, and export restrictions have removed millions of barrels of product supply, and Chinese refiners have suspended October fuel exports to preserve domestic stocks. Europe also has a direct interest in using the stocks. It consumes more diesel than it produces and has become increasingly dependent on U.S. imports. A U.S. export ban would tighten European supply further while potentially forcing American refiners to cut runs once domestic storage is filled. The release buys time. It puts physical diesel into the market during a period of acute shortage and takes some pressure off prices. It does not, however, add refinery capacity. The IEA already coordinated a 400-million-barrel emergency release in March after the Iran war began, with about two-thirds of those barrels released so far. The G7 statement indicates that the 100 million barrels will help complete the emergency-release commitments made in March, rather than a clearly additional 100-million-barrel tranche. Emergency inventories can bridge a supply disruption. The underlying diesel shortage still depends on getting damaged and idled refineries back into service.

Kenya Appoints New Heads Of KETRACO, GDC And EPRA

Kenya has appointed new heads of three key energy agencies responsible for electricity transmission, geothermal development and energy regulation, the Ministry of Energy and Petroleum said on Wednesday. Energy and Petroleum Cabinet Secretary Opiyo Wandayi named Tom Odhiambo Imbo as managing director and chief executive of the Kenya Electricity Transmission Company (KETRACO), according to a statement issued on Sept. 30. Stephen Kipsang Busieney was appointed managing director and chief executive of the Geothermal Development Company (GDC), while Edward Mwirigi Kinyua was named director-general of the Energy and Petroleum Regulatory Authority (EPRA). The appointments take effect immediately following recruitment processes conducted by the agencies’ respective boards, the ministry said. It said the recruitment complied with applicable laws and human resource guidelines, and the appointments were approved under the State Corporations Act, the Companies Act and the Energy Act. Wandayi congratulated the appointees and expressed confidence in their ability to advance the government’s plans for the energy and petroleum sector. KETRACO develops electricity transmission infrastructure, GDC develops geothermal resources, and EPRA regulates the country’s energy and petroleum industries.

South Africa: AEW 2026 Turns Cape Town Into Africa’s Energy Marketplace

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African Energy Week (AEW) 2026 is more than a conference. It is Africa’s energy marketplace. A meeting point for the governments that control resources, the companies that develop them, the financiers that provide capital and the service providers that turn investment decisions into operating projects. From October 12–16, Cape Town will become a platform for these players to negotiate deals, establish commercial relationships and move African energy opportunities closer to execution. This commercial mandate has helped turn AEW into a broader movement around African energy development. By bringing decision-makers across the value chain into one marketplace, the event creates an opportunity not only to discuss the trajectory of Africa’s energy systems, but to actively reshape it. AEW 2026 will convene ministers, national oil companies (NOCs), international operators, independents, financiers and service companies, with a program structured around commercial engagement. In addition to its strategic conference stages, the event incorporates live deal signings, structured business matchmaking and closed-door meetings. More than 9,000 delegates from over 100 countries are preparing to make their way to Cape Town, bringing with them new opportunities for investment, collaboration and project advancement. AEW has already cemented itself as Africa’s energy marketplace, where every party needed to advance a project or initiative is present and actively pursuing deals. The marketplace model has also translated engagement at the event into tangible commercial outcomes, with agreements concluded across financing, project development and cross-border partnerships. Agreements signed at recent editions span project finance, trade finance, hydrogen development and NOC partnerships. Signatories at AEW 2022 included Afreximbank, Sasol, Technip Energies and Namcor. The 2023 edition recorded a loan agreement between Afreximbank and Alphaden Energy & Oilfield, as well as a hydrogen agreement between Gambia’s Ministry of Petroleum and Energy and H2 Gambia Limited. Five agreements were signed at AEW 2024, including a partnership between the NOCs of the Republic of Congo and Azerbaijan and a trade finance agreement between Afreximbank and Dorman Long Engineering. Equatorial Guinea’s 2026 licensing round illustrates how engagement at AEW progresses into commercial activity. The country announced the round at AEW 2025 and provided prospective bidders with details on available acreage, the bid timeline and amendments to fiscal terms and production sharing contracts. This momentum will continue into 2026. Algeria will bring its ongoing bid round – featuring seven onshore exploration opportunities – to the forefront of the event while Liberia’s Petroleum Regulatory Authority, in partnership with Energy Capital & Power, will showcase the country’s 2026 Direct Negotiation Petroleum Licensing Round. AEW 2026 takes this engagement further. The Deal Room provides project sponsors and developers with a platform to present active oil, gas, power and infrastructure transactions, while the African Farmout Forum, held in partnership with Moyes & Co, Farmout Angel and Envoi, presents available blocks and acreage from across the continent. An African Upstream M&A panel will assess prevailing deal structures, and a dedicated finance session will examine risk allocation as a determinant of financial close. Country sessions give operators direct access to government decision-makers. The program features spotlights on South Africa, Senegal, Nigeria, Namibia, Ghana, the Republic of Congo and more, while the 8th Meeting of the African Petroleum Producers’ Organization NOC CEOs’ Forum will facilitate collaboration between major players. Power Africa Today, Renegade Intel and the Upstream E&P Forum will run alongside the main program, extending AEW’s coverage to power, digital infrastructure and exploration. Together, these platforms reinforce AEW’s role not simply as a forum for discussing Africa’s energy future, but as a place where the commercial relationships, investment decisions and agreements shaping that future are made. “When people ask me what AEW is, I tell them it’s the African energy marketplace. You walk into that building and ministers are there, NOCs are there, banks are there, the company with the rig is there, and they’re all looking for each other. Some of the most important conversations of the year happen in a corridor between sessions, and, more often than not they end with a signed agreement,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber. Register for AEW 2026 via: www.aecweek-registration.com/2026

New York-Led Coalition Sues EPA Over Repeal Of Power Plant Emissions Rules

A coalition of U.S. states and cities, including California and Michigan, has sued the Trump administration’s Environmental Protection Agency over its repeal of greenhouse gas emissions limits for power plants, Reuters reported. The coalition, led by New York Attorney General Letitia James, filed a petition in the U.S. Court of Appeals for the District of Columbia Circuit challenging the repeal of the 2024 Carbon Pollution Standards. The rules required power plants to curb greenhouse gas emissions, including through carbon capture technology. “Dismantling these protections is a betrayal of American families, and the stakes are too high to allow this administration to once again put profits over people,” James said. Power plants are the second-largest source of U.S. greenhouse gas emissions after vehicles and account for about a quarter of the country’s carbon dioxide emissions. The coalition asked the court to strike down the repeal. It also notified the EPA of its intention to sue over what it described as the agency’s continued failure to fully regulate pollution from existing natural gas-fired power plants. The coalition said the EPA repealed the regulations without considering “reasonable alternatives” or accounting for the health and climate costs of allowing more pollution into the atmosphere.

Ghana: Energy Minister Urges VRA To Boost Profitability Through Operational Efficiency

Ghana’s Energy and Green Transition Minister, Dr. John Abdulai Jinapor, has urged state-owned Volta River Authority (VRA), the country’s largest power generation company, to anchor its profitability on operational efficiency. The Director of Power at the Ministry, Ing. Suleman Abubakar, speaking on behalf of the minister at VRA’s annual general meeting on Thursday, said the authority’s reported GHS88 million profit after tax in 2025 was driven mainly by the appreciation of the cedi, despite a 7% decline in energy sales. He praised VRA and GRIDCo engineers for restoring all six generating units at Akosombo within days of the April fire at the Switchyard Control Building. He disclosed that the government had paid US$1.47 billion to clear legacy power sector debts, renegotiated agreements with independent power producers (IPPs) and reformed the Cash Waterfall Mechanism to ensure full payment for power generated. He, however, described VRA’s trade receivables of more than GH¢13 billion as too high, assuring the authority that the Ministry of Energy and Green Transition, the Ministry of Finance, the Public Utilities Regulatory Commission (PURC) and power distributors would work together to ensure it was paid in full and on time. He urged VRA to fast-track Phase 2 of the Aboadze Thermal Plant, the repurposing of T3, solar projects at Pwalugu and Kpong, and its 2,000 MW renewable energy master plan. He said VRA was expected to take a leading role as the government pursued plans for 1,000 MW of new thermal capacity and nuclear power. VRA is projecting electricity generation of 13,044 GWh and a net profit of GH¢187 million for 2026.

Tanzania: New Energy Minister Homera Takes Office, Urges Speed And Professionalism

Tanzania: New Energy Minister Homera Takes Office, Urges Speed and Professionalism Tanzania’s newly appointed energy minister, Dr. Juma Zuberi Homera, took office on Thursday, urging ministry officials and staff to work faster and more professionally to improve services in the energy sector. Homera made the remarks after arriving at the ministry’s offices in Mtumba Government City in Dodoma, following his swearing-in by President Samia Suluhu Hassan at Chamwino State House. He replaced Deogratius Ndejembi, who was appointed vice president following the resignation of his predecessor. Deputy Energy Minister Salome Makamba led ministry officials, staff and executives from institutions under the ministry in welcoming Homera. Addressing staff, Homera stressed the need for efficiency, professionalism and cooperation to improve services and advance the country’s energy sector. He pledged to work closely with ministry officials and its institutions to build on the sector’s achievements. Homera also commended progress on energy projects and called for staff support to sustain the pace of implementation. Makamba assured him of support from ministry officials, staff and executives of its institutions.

Tullow Disappointed By London Tribunal Ruling Over $196.5 Million Ghana Tax Assessment

Africa-focused independent oil producer Tullow Oil Plc described as disappointing a decision by an International Chamber of Commerce tribunal in London rejecting its challenge to a corporate income tax assessment covering its operations in Ghana from 2016 to 2019. Tullow expressed its disappointment in a notice to investors and shareholders following the tribunal’s ruling on Tuesday. “Tullow is disappointed that the Tribunal has come to this decision and will now consider next steps after further engagement with the Government of Ghana,” the company said. Tullow did not disclose what further action it may pursue but said it would provide an update in due course. Tullow had taken the government of Ghana, represented by the Ghana Revenue Authority (GRA), to the tribunal in London to challenge a $196.5 million corporate income tax assessment relating to proceeds it received from 2016 to 2019 under its corporate business interruption insurance policy. The tribunal ruled that the $196.5 million tax assessment did not breach the petroleum agreements between Tullow and the Ghanaian government. It also determined that the 100% penalties imposed on the assessment fell outside the contractual protections contained in Tullow’s petroleum agreements. The ruling means Tullow’s argument that the assessment was inconsistent with those contractual protections was not upheld by the tribunal. Ghana’s government, through Finance Minister Cassiel Ato Forson, welcomed the ruling and commended the Office of the Attorney-General, the GRA and Ghana’s external legal counsel, Foley Hoag LLP, for defending Ghana’s position throughout the arbitration. Despite the outcome, the government said it remained open to resolving outstanding tax matters with Tullow through engagement. Forson said discussions between the two sides had already begun before the tribunal delivered its award.

Ghana: Energy Media Group Launches Ghana Energy Awards 2026, Opens Nominations

Organisers of the Ghana Energy Awards on Wednesday launched the 2026 edition and opened nominations for individuals and organisations across the energy sector. The 10th edition will be held under the theme “Consolidating Ghana’s Energy Sector Gains: A Decade of Resilience, A Future of Sustainable Energy”. It will feature 35 awards, comprising 30 competitive and five non-competitive categories. Speaking at the launch, Ing. Henry Teinor, chief executive officer of the Energy Media Group, said the scheme had grown into a platform for recognising excellence in the energy sector.
Ing. Henry Teinor
He said its objective was to recognise individuals, institutions and organisations making significant contributions to the sector. Teinor said the awards took a broad approach because Ghana’s energy story reflected contributions from across the industry. “It is the collective outcome of the work of public institutions, private enterprises, development partners, professionals, innovators, entrepreneurs, researchers and many more,” he said. He said the organisers had invested in an Integrated Awards Management System to support applications, validation, scoring and documentation, aiming to ensure a fair and transparent process. Teinor urged organisations, institutions and individuals across the sector to submit nominations. Kwame Jantuah, chairman of the awards panel, said the scheme had encouraged organisations and individuals to pursue higher standards. Recognising excellence could help drive continuous improvement, innovation and national development, he said, adding that the panel would adhere to established assessment criteria and remain guided by fairness, objectivity and transparency. Jantuah said the sector continued to evolve, citing policy and regulatory reforms, the growing integration of renewable energy into the national grid, changes in power distribution, financial restructuring and digitalisation. He also highlighted increased investment in upstream and downstream petroleum operations, alongside efforts to strengthen local participation and develop capacity. Energy and Green Transition Minister Dr. John Abdulai Jinapor, in a speech read on his behalf by Suleman Abubakar, director of power at the ministry, said the awards encouraged organisations and individuals to improve their contributions to the sector. He said the government would continue reforms across the power and petroleum sectors and commended the organisers for sustaining the awards over the past decade. The nomination window is officially open until 30th October 2026.  

Ghana: COMAC Seeks Suspension Of Petroleum Tax Collection Changes, Warns Of Higher Pump Prices

The Chamber of Oil Marketing Companies (COMAC) on Thursday called for the immediate suspension of a new petroleum tax collection provision, warning it could raise pump prices, disrupt fuel supplies and slow government revenue collection. In a statement signed by its chief executive, Dr. Riverson Oppong, the chamber said Section 136 of the Customs Act, 2026 (Act 1179) had been enacted without industry consultation or a published assessment of its impact. The provision transfers responsibility for accounting for downstream petroleum taxes from oil and liquefied petroleum gas marketing companies to Bulk Import, Distribution and Export Companies (BIDECs), according to COMAC. It requires BIDECs to account for taxes at the point of sale, with the Commissioner-General permitted to defer payment for up to 21 days against a bank guarantee, the chamber said. COMAC argued that the change would require bulk suppliers to finance taxes before receiving payment from marketers, potentially passing borrowing and guarantee costs on to consumers. “COMAC considers Section 136 to be a transfer of risk, not reform,” the statement said. The chamber urged the Ministry of Finance to announce a suspension within 14 days. It said it would otherwise convene an emergency general meeting to agree on further action through administrative, regulatory and legal channels. COMAC said the accumulation of tax arrears reflected weaknesses in enforcing existing controls rather than a flaw in the collection model. It alleged that overrides in the Integrated Customs Management System, known as ICUMS, had allowed operators to exceed approved credit limits. It called for restrictions on such interventions and a full audit trail. The chamber also warned that concentrating tax obligations at the bulk-supply level could magnify the impact of enforcement action. While the existing system could deactivate an individual defaulting marketer, action against one BIDEC could affect supplies to several marketers and retail outlets, it said. COMAC said marketers currently remit taxes within 21 days, while bulk suppliers had indicated during discussions that they might require at least 45 days. It also raised concerns about what it described as conflicting tax payment triggers under Sections 126(6) and 136 of the Act. The chamber called for the existing framework to be retained, with BIDECs paying import duties and port charges at importation and marketing companies continuing to account for taxes and levies ex-pump. It separately sought a response to its analysis of 2025 industry data, which it said identified about 819.25 million litres of unaccounted petroleum products with an estimated revenue implication of GH¢2.5 billion. COMAC said requests for information on 10 diesel tankers impounded in October 2025 and clarification of non-bonded status granted to three operators also remained unanswered. The chamber said it remained willing to work with the government to strengthen compliance and revenue collection under the existing system. The Ghana Revenue Authority and the Finance Ministry are yet to respond to the issue.

Ghana: VRA Returns to Profitability, Posts GH¢88.04 Million Net Profit In 2025 After GH¢105.75 Million Net Loss In 2024

Ghana’s state-owned Volta River Authority (VRA), the country’s largest power producer, returned to profitability in 2025, recording a net profit of 88.04 million Ghana cedis ($7.7 million), compared with a net loss of 105.75 million cedis in 2024. The recovery was driven mainly by the appreciation of the Ghana cedi, which reduced the cost of servicing the authority’s foreign-currency-denominated debt, VRA Board Chairman Jabesh Amissah-Arthur said at the company’s Annual General Meeting in Accra on Thursday. Revenue from electricity sales fell 0.54% to 9.99 billion cedis in 2025 from 10.05 billion cedis a year earlier, a decline of 54.56 million cedis. Amissah-Arthur said the reduction was mainly due to a 7% decline in electricity sales volumes, which fell by 996 gigawatt-hours (GWh) to 12,926 GWh from 13,922 GWh in 2024. Electricity sales to the Electricity Company of Ghana (ECG), the authority’s main regulated-market customer, fell 21%, or 1,399 GWh, to 5,319 GWh from 6,718 GWh in 2024. Sales to deregulated customers also declined, partly due to the appreciation of the cedi against the U.S. dollar, Amissah-Arthur said. The authority maintained a stable liquidity position, with current assets exceeding current liabilities by 4.31 billion cedis, he said. On its capital projects, Amissah-Arthur said construction of the Anwomaso Phase II project had reached 85% completion by the end of 2025. The authority is also repowering the T3 power plant, a project expected to restore 132 megawatts (MW) of installed capacity to the national grid. VRA also commenced construction of the 16.5 MWp Pwalugu Solar Power Project, which had reached 85.5% completion by the end of 2025, and began procurement for the 30 MWp Akuse Floating Solar Project. Amissah-Arthur said VRA remained focused on strengthening its financial sustainability and operational resilience. Looking ahead to 2026, the authority projects total electricity generation of 13,044 GWh and a net profit of 187 million cedis. “Management will continue to optimise the asset portfolio, expand renewable energy investments, and improve operational efficiency through digital systems, including the Oracle Fusion Cloud platform,” he said.