The US Wraps Up a Nearly 6-year $316 Million Investment in Ghana’s Energy Sector

The US government, on June 1, 2022, announced it had concluded the  Kasoa Bulk Supply Point (BSP), a nearly 6-year $316 million investment in Ghana’s energy infrastructure to provide more reliable power to hundreds of thousands of hospitals, schools, and offices in Ghana. According to the press release sent out by the IUS embassy in Ghana, the US government funded the $50 million power substation as part of the MCC Ghana Power Compact.

“With this inauguration of the Kasoa Bulk Supply Point today, we mark the successful completion of the MCC Ghana Power Compact. This was a nearly six-year, $316 million commitment by the American people to improve Ghana’s energy infrastructure and support the long-term economic growth,” said Nicole Chulick, the US Embassy’s Deputy Chief of Mission, during the inauguration event.

The newly inaugurated 435-megavolt ampere (MVA) gas-insulated  Kasoa BSP is Ghana’s second-largest BSP built to serve 250,000 Electricity Company of Ghana (ECG) customers, supplying electricity to Ghanaians’ homes, businesses, and industries.

The power substation will help reduce power outages, stabilize voltages, and improve the reliability and quality of power supply to Awutu Senya East Municipality. The new BSP will also reduce technical losses in the power transmission and distribution, improving the financial viability of ECG and Ghana Grid Company (GRIDCo) in the long term.

Benefits of the Energy Infrastructure

The MCC Ghana Power Compact has successfully improved the nation’s energy sector by building four substations: Kasoa BSP, Pokuase BSP, Legon’s University of Ghana Medical Center Primary Substation, and Kanda’s Ellen Moran Primary Substation.

The four new substations supply power to 37 military hospitals, Noguchi Memorial Institute for Medical Research, University of Ghana Medical Center, the National Mosque, and more than 800,000 utility customers.

The compact project also improved power systems in 10 markets in Tamale and Accra, supported the installation of over 14,000 energy-efficient streetlights, and helped develop a curriculum for teaching energy efficiency in schools.

Through the compact, a partnership with three local technical universities will establish power auditing centres to strengthen the country’s position as an energy efficiency leader in West Africa.

The Kasoa BSP’s inauguration marks the final major achievement under the MCC Ghana Power Compact and a successful program completion that has benefited hundreds of thousands of people in Ghana, as the compact ended on Monday, June 6, 2022.

Sources
https://gh.usembassy.gov/u-s-completes-316-million-investment-in-ghanas-energy-infrastructure/

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