Dec 22-2009 Indian company proposes power plant in Ghana, but ministry says won’t accept

[BUTEMBO21]

The minister should have slapped the hell out of them on national TV. That way they will find themselves in the 21st century.

They have Russians , Westerners build them their own stations, now they want to build Ghanas? :

[jules3c]

Originally Posted by kitayabi

Chinese are the best in my opinion they are cheap and you get reasonably good quality.

They also overcharge, but not as much as the Indians. Besides overcharging the Indians also like to show prestige so you have two things to contend with. The Chinese are charging more than a billion dollars for the 400 Mega Watts bui dam.

[popa1980]

It just shows the lack of respect many nations lack for Africa. Well you cant be surprised when Madagascar gave out half of its arable land to South Korea for free (thankfully this deal was stopped).

[UncleScrooge]

Indian company proposes power plant in Ghana, but ministry says won’t accept


The intentions of an India power producing company to build a power plant in Ghana in exchange for liquid natural gas won’t take off as the Ministry of Energy tells ghanabusinessnews.com that it won’t accept the proposal.

The company, NTPC, which is India’s largest power company, says it has proposed to set up a power project in Ghana in exchange for liquid natural gas.

According to the company, the project is in initial stages of discussion and it is ready to build a gas based or coal based plant depending upon the availability of the type of fuel.

The NTPC says in return for building the power plant for Ghana, it expects to receive 2.5 million tonnes per annum of liquid natural gas for 25 years.

The Deputy Minister of Energy, Dr. Kwabena Donkor told ghanabusinessnews.com on the phone that the country has received about 20 to 30 proposals from companies in China and India, adding that the NTPC’s mention of gas in exchange for the project “won’t fly” he said.

“Government is encouraging independent power producers, because government does not want to get into power production as a policy,” he said.

“This project won’t fly with the mention of liquefied petroleum gas (LPG) because of our own conservation agenda,” Dr. Donkor told ghanabusinessnews.com.

The deputy minister said, even if the Volta River Authority (VRA) comes up with the idea of building a power plant, the government will not allow that, “because of the VRA’s financial situation.”

Phone calls to NTPC, were however not answered as at the time we were publishing.

Energy supply is one of the major challenges to Ghana’s economy.

The country has been experiencing power shortages for some time now. The country’s only hydropower plant at Akosombo is facing perennial water shortages which is affecting power supply, occasionally plunging the entire country into darkness.

The country has constructed a thermal plant in Takoradi to supplement its power supply needs and there is an ongoing project to build another 400 MW hydropower plant at the Bui dam in the Brong Ahafo region, but a lot more needs to be done to meet the power supply requirements that would bolster economic growth.

And since Ghana discovered oil in 2007, the country has become key to major global players in the oil and gas industry. It is no wonder that power generating companies are also showing interest in the country’s nascent oil and gas industry.

Under Phase One of the Jubilee Field project which is the largest oil field to be discovered in West Africa in the last 10 to 15 years, 120,000 barrels of oil and 120,000 million standard cubic feet of dry gas per day would be produced in 2010.

Production would be increased to 240,000 barrels of oil and 240,000 million standard cubic feet of gas per day under the second phase of the Jubilee Field project which is expected to commence in 2013.

By Emmanuel K. Dogbevi

http://www.ghanabusinessnews.com/200...80%99t-accept/

[abesha]

The NTPC says in return for building the power plant for Ghana, it expects to receive 2.5 million tonnes per annum of liquid natural gas for 25 years.

Are they freaking kidding??

[Rdokoye]

Originally Posted by abesha

Are they freaking kidding??

They could just get a Nigerian company to build it, without the ridiculous gas demands.

[desert burner]

Originally Posted by Rdokoye

They could just get a Nigerian company to build it, without the ridiculous gas demands.

Nigeria is already facing electricity problem,....so it will be one blind man leading another i guess so

[jules3c]

Originally Posted by abesha

Are they freaking kidding??

Goes to show you that the Indians are still living in the eighties when they think they can just come in and build one of their second class third wolrd quality power stations for a lot of money, in this case for a lot of gas. That's like charging at least 25 billion dollars for some small power station.well they way I see it, it should not even be considered or talked about. The Indians should just be laughed out of town. They must think that Africans are really stupid. Didn't they try to buy mtn for a couple of billions and they got their time wasted.

[BUTEMBO21]

The minister should have slapped the hell out of them on national TV. That way they will find themselves in the 21st century.

They have Russians , Westerners build them their own stations, now they want to build Ghanas? :

This means africans must learn how to build their own plants, instead of being ridiculed like that.

[kitayabi]

Chinese are the best in my opinion they are cheap and you get reasonably good quality.