Ghana’s President Nana Akufo-Addo has said it is the desire of his administration to ensure that Ghanaians especially businesses, have access to reliable and affordable power supply to spur industrialization in the country.

According to the President, a reliable and an affordable power supply is crucial to the survival of government’s ‘1 District 1 Factory’ initiative, which is intended to propel industrial and economic growth in the country.

President Akufo-Addo expressed this in a speech delivered on his behalf by the Chief of Staff Mrs. Akosua Frema Osei Opare at a sod cutting ceremony for the construction of a 330kV Bulk Supply Point at Pokuase, in the Greater Accra Region.

The project, which is the first project under the Ghana Power Compact II, when completed would help to improve power supply in Pokuase, Kwabenya,Nsawam, Legon and the surrounding communities.

The US$33 million project, which is being executed by Elecnor of Spain, is expected to be completed in the first quarter of 2021.

It is the first project under the Ghana Power II spearheaded by the Millennium Challenge Corporation (MCC) through the Millennium Development Authority, leading to the private sector participation in Ghana’s power sector by Power Distribution Services (PDS) Ghana limited.

The project, when completed, would help improve power supply in Pokuase, Nsawam, Kwabenya, Legon and the surrounding communities.”We believe that availability of affordable electricity is crucial to the success of our industrialization endeavours, such as the 1 District, 1 Factory initiative,” he said.

Minister for Energy John-Peter Amewu, who highlighted the importance of the Bulk Supply Point as far as power supply in the country is concerned, however, called on the contractor to make sure that the project is executed in accordance with specification.

He said, under the current administration led by President Akufo-Addo, the situation whereby contractors fail to execute projects according to specification would not be tolerated.