President Akufo-Addo Inaugurates $1.2 Billion Bridge Power Plant

Ghana launches $1.2 billion power plant

by Feyisayo Ajayi
President Akufo-Addo Inaugurates $1.2 Billion Bridge Power Plant

KEY POINTS


  • Ghana’s Bridge Power Plant adds 515MW capacity.
  • First plant to use GE Vernova turbines innovatively.
  • Project ensures energy reliability, economic growth and sustainability.

President Nana Addo Dankwa Akufo-Addo recently inaugurated the $1.2 billion Bridge Power Plant in Kpone’s Heavy Industrial Area, marking a pivotal advancement in Ghana’s energy infrastructure.

The facility, developed by Endeavor Energy and Ghana-based Andaris Energy Limited, is set to enhance the nation’s thermal power capacity by over 7 percent, meeting household and industrial energy needs nationwide.

“This state-of-the-art facility underscores Ghana’s commitment to addressing energy demands while embracing cleaner, more efficient technologies,” Akufo-Addo said during the commissioning.

A technological breakthrough in power generation

According to Zawya, the Bridge Power Plant is the world’s first to integrate GE Vernova’s trailer-mounted TM2500 aeroderivative gas turbines in a combined cycle setup. This advanced design features a steam turbine and Heat Recovery Steam Generator (HRSG), boosting fuel efficiency by up to 50 percent compared to single-cycle plants.

Stage 1 of the project, now operational, generates 200 megawatts (MW) using natural gas. Stage 2, slated for completion in 2029, will add 315 MW, bringing the total capacity to 515 MW.

“This innovative facility ensures reliable power delivery while prioritizing environmental sustainability,” said Sean Long, CEO of Endeavor Energy.

Financing and long-term agreements

The project is underpinned by a 25-year Power Purchase Agreement (PPA) with the Electricity Company of Ghana (ECG), supported by a Put Call Option Agreement (PCOA) with the Ghanaian government. Approved by Parliament in 2016, these agreements guarantee financial stability and mitigate investor risks.

Construction of Stage 1 began in December 2018 and concluded in July 2024. The plant is poised to stabilize Ghana’s energy supply and drive economic growth.

Optimized reliability through digital solutions

In addition to hardware, GE Vernova provides a 25-year service agreement and a cloud-based Asset Performance Management (APM) system. The APM software uses predictive analytics to optimize equipment performance and ensure long-term reliability, bolstering Ghana’s energy security.

“This project sets a new benchmark in sustainable energy development for the region,” President Akufo-Addo remarked, emphasizing the role of innovation and sustainability in Ghana’s energy future.

The Bridge Power Plant’s groundbreaking design and advanced technology represent a significant step in meeting Ghana’s energy needs while aligning with global sustainability goals.

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