US Concludes $316m Investment by Opening Bulk Supply Point in Ghana

  • The US opens Kasoa Bulk Supply Point to enhance energy sustainability.
  • The US government-funded the $50 million power substation as part of the MCC-Ghana Power Compact.
  • The Kasoa BSP has grown to become Ghana’s second-largest capacity BSP.

The United States has concluded its nearly six-year $316 million investment in Ghana’s energy infrastructure with the opening of the Kasoa Bulk Supply Point (BSP) today. The power substation will provide stable power to schools, hospitals, offices, and residential areas. The US government-funded the $50 million power substation as part of the MCC-Ghana Power Compact.

The Kasoa Bulk Supply Point was inaugurated by Deputy Chief of Mission Nicole Chulick, Vice President of Ghana, Dr Mahamudu Bawumia, and other Ghana government officials. Nicole noted, “with the inauguration of the Kasoa Bulk Supply Point here 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 long-term economic growth.”

The Kasoa BSP will stabilise voltages, eliminate power outages, and increase the quality and reliability of power delivered to the Awutu Senya East Municipality in Ghana’s Central Region. The Kasoa BSP has grown to become Ghana’s second-largest capacity BSP. The gas-insulated power substation with a capacity of 435 megavolt ampere (MVA) will service 250,000 ECG users. It would also reduce technical losses in the power transmission and distribution system, enhancing the long-term financial viability of the Ghana Grid Company (GRIDCo) and the Electricity Company of Ghana (ECG).

The MCC Ghana Power Compact spent $316 million on new power infrastructure and reforms to give Ghanaians more reliable and inexpensive electricity. It also backed initiatives to increase energy efficiency and expand possibilities for women in the power industry. The relationship was implemented by Ghana’s Millennium Development Authority (MiDA) in collaboration with the Ghanaian government.

Leave a Reply

Your email address will not be published. Required fields are marked *