Karpowership Ghana Invests $3m In Operations

Some of the participants with officials from Karpowership

Karpowership Ghana Company Limited has invested more than $3 million in its site preparation and hiring of subcontractors for daily its operation.

The investment will ensure employment to locals, social interventions, capacity building, and technology transfer.

Project Manager Karpowership Ghana, Michelle Hazel, explained that the company signed a power purchase agreement with the electricity company of Ghana in June 2014 to supply 450 Mega Watts (MW) of power to Ghanaians.

She said the Powership began commercial operations in December of the same year to supply affordable electricity to help resolve power outages.

Ms Hazel explained that in August 2019, the 470 MW Powership was relocated to the Western enclave from Tema to utilize the country’s indigenous natural gas.

She said it was also to meet the government’s upstream commercial obligations adding “We have also spent $8 million to pre-finance the construction of the transmission lines”.

She disclosed this during an engagement with journalists in Takoradi to update the them on their operations within and outside Ghana.

The journalists were also briefed on Karpownership’s environmental compliance measures and Corporate Social Responsibility activities among others.

She said Karpowership currently operated in three continents and 15 countries and had diversified high growth and was a unique power generation enterprise with minimal use of land.

For her part, Sandra Amarquaye Corporate Communications Manager Karpowership Ghana said the company has undertaken various social intervention projects including awarding scholarships to brilliant, but needy students.

“The projects fall under the UN Sustainable Development Goals including good health and well-being, quality education, gender equality, affordable and clean energy among others.

Since 2015 we have been undertaken various corporate social responsibility activities focused on bringing some sustainable development goals into reality,” she said.

From Emmanuel Opoku, Takoradi