The government has announced plans to develop a 1,200-megawatt state-owned combined-cycle gas-fired power plant as part of efforts to strengthen Ghana’s energy security, reduce electricity generation costs and create jobs.
Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament, Finance Minister Dr. Cassiel Ato Forson said the project will be located at Kafodzidzi-Abrobeano in the Komenda-Edina-Eguafo-Abrem Municipality of the Central Region.
According to him, feasibility studies have confirmed the viability of the project, with environmental assessments, engineering works and permitting processes progressing steadily.
The government expects the first phase of the project, which will generate 600 megawatts, to be completed and commissioned by 2028.
Dr. Ato Forson explained that government has taken steps to reduce the cost of the project by securing gas turbines directly, instead of relying on third-party procurement.
He said the direct procurement arrangement is expected to deliver savings of between 35% and 45%, making the project more cost-effective.
The Finance Minister added that the power plant is expected to lower electricity generation costs and contribute to a reduction in electricity tariffs by between 10% and 20%.
Beyond improving power supply, the project is projected to create more than 2,000 direct and indirect jobs during its first phase, providing employment opportunities and supporting economic activity in the area.
The government says the initiative is aimed at expanding Ghana’s generation capacity, reduce dependence on costly power sources and ensure reliable electricity supply for households and businesses.
