Vice President Professor Jane Naana Opoku-Agyemang has commended Cenpower Generation Limited, operators of the Kpone Independent Power Plant (KIPP), for its significant contribution to Ghana’s electricity generation and energy security. The commendation was given at the 10th anniversary celebration of Cenpower Generation Limited at Kpone near Tema. This milestone marks 10 years since construction began on the Kpone Independent Power Plant.
The Vice President praised the company for its support to surrounding communities through environmental clean-up initiatives and assistance to educational institutions. She encouraged the company to continue strengthening these relationships while upholding high operational, environmental and safety standards. This, she noted, would ensure the company’s continued positive impact on the community and the environment.
Prof Opoku-Agyemang congratulated the Board, Management, staff and partners of Cenpower Generation Limited on the milestone. She noted that the company’s operations had contributed significantly to ensuring reliable electricity supply, thereby supporting industrial growth, job creation, and national development. The reliable electricity supply has been crucial for the country's development.
The Vice President described the Kpone Independent Power Plant as Ghana’s first greenfield independent power project developed through project financing. According to her, the project demonstrated the capacity of Ghanaian enterprise, technical expertise and strategic partnerships to deliver major infrastructure projects. This achievement highlights Ghana's capabilities in handling large-scale infrastructure projects.
The Kpone Independent Power Plant's ability to operate on multiple fuel sources enhances flexibility and resilience in electricity generation. This flexibility is crucial for ensuring a stable electricity supply. The plant's operations have significantly contributed to the country's energy security.
Prof Opoku-Agyemang said the Government had undertaken significant measures to address financial challenges in the energy sector. These measures include the management of outstanding obligations and the renegotiation of agreements to improve sustainability. The Government aims to ensure that electricity remains reliable, affordable and accessible, particularly for underserved communities.
The Vice President emphasized that investments in infrastructure, industrialisation and the 24-Hour Economy policy depended on a robust energy system capable of supporting businesses and sustaining production. She noted that those efforts were critical to the Government’s broader development agenda. A reliable energy system is essential for Ghana's economic growth and development.
Key points
- Vice President Jane Naana Opoku-Agyemang commends Cenpower Generation Limited for its contribution to Ghana's electricity generation.
- The Kpone Independent Power Plant is Ghana's first greenfield independent power project developed through project financing.
- The Government is working to ensure that electricity remains reliable, affordable and accessible, particularly for underserved communities.
