Business News of Tuesday, 2 May 2017Source: kasapafmonline.com400MW Bridge Power Project: ACEP makes U-turn, describes as good dealDirector of Operations, ACEP - Benjamin BoakyeThe Director of Operations for Energy Think tank, the African Centre for Energy Policy, Benjamin Boakye has described the 400-Mega Watt Bridge Power project, as a good deal for Ghana. Bridge Power is a 400 Megawatt (MW) Greenfield power and liquefied petroleum gas (LPG) import, storage, and transportation infrastructure project that will be located in Tema near the Tema Oil Refinery (TOR). Stage 1 will use five GE TM2500+ gas turbines and one purpose-built GE steam turbine in a combined cycle gas turbine (CCGT) configuration that will collectively generate 200 MW of power. Stage 2 will add another 200 MW through four GE LM6000 gas turbines and one purpose-built GE steam turbine, again in a CCGT configuration. ACEP raised red flags over the financial terms of the deal last year, when the previous government started it.

Source: GhanaWeb May 02, 2017 06:22 UTC