Ghana to Select Contractor for First Nuclear Power Plant by December

March 7, 2022

2 minutes read

Ghana to Select Contractor for First Nuclear Power Plant by December

Ghana is set to choose a company by December to construct its inaugural nuclear power plant. The shortlist includes major players such as France’s EDF, US-based NuScale Power, Regnum Technology Group, and China National Nuclear Corporation, according to Robert Sogbadji, deputy director of power at the Ministry of Energy.

The competition also features South Korea’s Kepco and its subsidiary Korea Hydro Nuclear Power Corporation, as well as Russia’s Rosatom. Sogbadji mentioned that the final decision will be approved by the cabinet, which may select one vendor or a partnership between two, depending on financial models and technical considerations.

Ghana’s journey towards nuclear energy began in the 1960s but was interrupted by a coup. The country renewed its focus on nuclear power in 2006, aided by the International Atomic Energy Agency, following a severe power crisis that year.

Sogbadji noted that a total of 16 countries and companies expressed interest in the project. A technical team from various state agencies, led by the energy ministry, has narrowed the list down to the current five contenders.

Like many African nations, Ghana is exploring nuclear power as a solution to electricity supply challenges, with over 600 million people across the continent still lacking access to reliable electricity. Neighboring countries such as Burkina Faso and Uganda have already signed agreements with Russia and China to build their own nuclear plants.

Other African nations, including Kenya, Morocco, and Namibia, are also looking to incorporate nuclear energy into their power strategies. South Africa, which currently operates the only nuclear facility on the continent, is seeking to add 2,500 megawatts (MW) to its existing capacity amidst ongoing power shortages.

Ghana aims to generate approximately 1,000 MW of power from nuclear energy by 2034. Currently, the nation faces power outages and has an installed capacity of 5,454 MW, with 4,483 MW available according to its energy regulator.

As an oil, cocoa, and gold exporter, Ghana envisions nuclear power as a cornerstone for its industrialization efforts and aims to enhance energy exports to neighboring countries like Benin, Ivory Coast, and Togo, facilitated through the West Africa Power Pool.

Sogbadji confirmed that the government has secured a site capable of supporting up to five reactors and is inclined toward a “build, own, operate, and transfer” model, allowing for local equity participation in the project.

Share:
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Related Links

Dangote Refinery Petrol Price Drop Sparks Hope for Cheaper Fuel Nationwide

Nigerians may soon enjoy relief at fuel stations as the Dangote refinery petrol price drop ...

Former Boko Haram Members De-radicalised

Yobe State to Reintegrate 390 Ex-Boko Haram Members After De-Radicalisation Programme

The Yobe State Government has announced its readiness to reintegrate 390 former Boko Haram members ...

Muhammed Salah signs new contract

Mohamed Salah Extends Stay at Anfield

Mohamed Salah has signed a new long-term contract with Liverpool FC, extending his stay at ...

Bauchi State

Man Arrested for Sexual Assault of Minor Daughter in Bauchi

Police detain father accused of impregnating 17-year-old biological daughter. The Bauchi State Police Command has ...

Features

What Really Moves Bitcoin’s Price? A Comprehensive Guide to the Key Drivers of Volatility and Value

What Really Moves Bitcoin’s Price? A Comprehensive Guide to the Key Drivers of Volatility and Value

​Bitcoin, the pioneering cryptocurrency, has captivated the financial world with its innovative technology and notable ...

Guinea Sets September 2025 Date for Constitutional Referendum as Military Inches Toward Democratic Transition

Guinea Sets September 2025 Date for Constitutional Referendum as Military Inches Toward Democratic Transition

Guinea’s military-led government has officially announced that a national referendum on a new constitution will ...

Ivory Coast economic growth

Côte d’Ivoire’s Economic Boom Faces Political Test in 2025 Election

Ivory Coast’s Economic Success: A Model for West Africa Côte d’Ivoire has emerged as one ...

Phillis Wheatley

Phillis Wheatley: The Trailblazing African American Poet Who Defied Oppression

Phillis Wheatley: A Pioneer in Black Literature and Poetry Phillis Wheatley was a groundbreaking poet ...

Women Participation in Politics

International Women’s Day 2025: Advancing Rights, Equality, and Leadership for African Women

The 2025 International Women’s Day (IWD) theme, “For ALL Women and Girls: Rights. Equality. Empowerment,” ...

Bromate

Bromate Use in Bread: The Hidden Health Risks

Potassium bromate, a banned additive in bread production, poses serious health risks, including cancer. Learn ...
Wema Bank

Wema Bank targets fraudulent activities as it suspends seven fintech partners

Tackling Fraud in Nigeria’s Fintech Sector: Wema Bank’s Bold Steps Nigeria’s financial technology (fintech) sector ...

The Rise of West African Startups: A Tech Revolution

The rise of West African startups is transforming the region’s tech ecosystem, with fintech and ...

Latest News

Today in History

April 20th is the day in 1689 that the former King James II of England, now deposed, lays siege to Derry.

Exchange Rate Per Dollar

AM Armenian Dram390.2732
GH Ghana Cedi15.4417
GM Gambian Dalasi72.1572
GN Guinea Franc8,650.09
NG Nigerian Naira₦1,603.18
CF CFA Franc BEAC576.7966
20 Apr · CurrencyRate · USD
CurrencyRate.Today
Check: 20 Apr 2025 06:05 UTC
Latest change: 20 Apr 2025 06:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀

YOUR THOUGHTS

Let us know what you think

Contact the People’s Paper with feedback on stories and how we could make wapress.africa even better!

newsletter image

Stay up to date with the latest from West Africa Press

Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on WApress.

Subscribe Newsletter!

Be the first to receive our latest contents and more...

Need help?