Ghana is set to sign an agreement with Canada to support the expansion of the Aboadze Thermal plant in Takoradi. The expansion will add a further 132 megawatts of power to the thermal power generation capacity.
President John Evans Atta Mills who held discussions on the plant with the Canadian Commercial Corporation (CCC) last November in Canada, has consequently welcomed executives of the Corporation to Ghana, commending the enormous Canadian assistance to Ghana’s development.
The CCC executives led by Mr Marc Whittington, are in the country to sign an agreement with the Government of Ghana to support the expansion of the Aboadze Thermal Plant.
The agreement is the second pact to be signed after the first expansion project which has the capacity to generate an additional 132 megawatts on completion.
The second expansion project is also expected to generate 132 megawatts to boost the plant’s capacity.
President Mills expressed appreciation to the group for the continuous support for Ghana when he welcomed the delegation from Canada, stressing that the Government values its partnership with the CCC.
He said he was impressed about the high interest of Canadian investors in Ghana and assured them of a congenial business atmosphere.
Mr. Whittingham lauded the progress of the Ghanaian economy, indicating that the Corporation acknowledges the huge business potential in Ghana. He said CCC is supporting the second expansion plan for the thermal plant due to its importance to the economy.
According to him, the CCC recognised electricity production as a critical instrument to economic development, and that there was a need to support that sector to create jobs.