Kpone Combined Cycle Power Plant is a 340MW gas fired power project. It is located in Greater Accra, Ghana. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in June 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 340 340 Active Greater Accra, Ghana CenPower Generation

Description

The project was developed by CenPower Generation. Africa Finance, Sumitomo, Cenpower Holding, African Infrastructure Investment Managers and Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden are currently owning the project having ownership stake of 31.85%, 28%, 21%, 15% and 4.15% respectively.

It is a Combined Cycle Gas Turbine (CCGT) power plant that is used for Baseload. The power plant run on dual-fuel. The primary fuel being used to power the plant is natural gas. In case of shortage of natural gas the plant can also run on Light Crude Oil, Diesel. The fuel is procured from West African Gas Pipeline, Vitol Holding BV.

The project generated 2,700GWh of electricity. The project cost is $900m.

Development Status

The project got commissioned in June 2019.

Power Purchase Agreement

The power generated from the project is sold to Electricity Company of Ghana under a power purchase agreement for a period of 20 years. The contracted capacity is 325MW.

Contractors Involved

The Gas fired project have been supplied by GE Power and Siemens.

Siemens Heat Transfer Technology supplied steam boiler for the project.

Ethos Energy Group and Sumitomo were contracted to render operations & maintenance services for the project.

About CenPower Generation

CenPower Generation Company Limited is a power generating company. The company currently developing an power project at Kpone, near Tema with a capacity of 300 megawatts. The company is based in Ghana.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.