Status Under construction | Location Kpone Commission date 2017 (Expected) | |
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Owner(s) Group Five Power International | ||
Kpone Thermal Power Station II, also Kpone Independent Thermal Power Station, is a 340 megawatts (460,000 hp) multi-fuel-fired thermal power station under construction in Ghana.
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Location
The power station is located in the Kpone neighborhood of the port city of Tema, approximately 32 kilometres (20 mi), east of the central business district of Accra, the capital and largest city in the country.
Overview
The power station is owned by Group Five Power International, an independent power producing company. Group Five was awarded the contract to design, fund, and construct the power plant. WorleyParsons, an International firm that specializes in engineering, procurement and construction was hired by Group Five to carry out the above functions. Sea water, accessed through underground pipes will be used to cool the power station, with the hot water effluent being returned to the sea through similar underground pipes. The power generated by this station will be sold directly to Electricity Company of Ghana (ECG), for integration into the Ghanaian national electricity grid.
Funding and timetable
It is expected that the cost of construction is approximately US$900 million, borrowed from the Africa Finance Corporation (AFC). Other funders and equity partners include Sumitomo Corporation and FMO. Construction began in 2015 and is expected to conclude in 2017.