Gov't developing 1,200MW gas power plant to cut electricity costs - Ato Forson
Finance Minister Dr Cassiel Ato Forson announced on Thursday, July 23, during the presentation of the 2026 Mid-Year Fiscal Policy Review in Parliament, that the government is developing a 1,200-megawatt state-owned combined-cycle gas-fired power plant at Kafodzidzi-Abrobeano in the Komenda-Edina-Eguafo-Abrem Municipality. He stated, "The government is also developing a 1,200-megawatt state-owned combined-cycle gas-fired power plant at Kafodzidzi-Abrobeano in the Komenda-Edina-Eguafo-Abrem Municipality."
Dr. Forson said feasibility studies have confirmed the project's viability, with preparatory work underway. Environmental, engineering, and permitting processes are progressing steadily, and the first 600-megawatt phase is expected to be commissioned in 2028. The government has secured the gas turbines directly from GE Vernova, achieving savings of between 35 and 45 percent compared with third-party procurement. The project is expected to lower electricity generation costs, help reduce electricity tariffs by 10-20 percent, and create more than 2,000 direct and indirect jobs during the first phase.
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Ghana's Finance Minister, Dr. Cassiel Ato Forson, has outlined the government's plans for a significant power plant development. This initiative
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