::Archives - Press::

The Ministry of Energy intends to provide opportunities for Ghanaian business to undertake street lighting for all the regional capitals and other ceremonial streets.
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THE MINISTRY OF ENERGY (MOE)
VOLTA RIVER AUTHORITY (VRA)

TEMA THERMAL POWER PROJECT REQUEST FOR PROPOSAL TO FINANCE AND CONSTRUCTION

1. The Ministry of Energy (MOE) and the Volta River Authority (VRA) of the Republic of Ghana, invite proposals from interested bidders to finance, develop and operate a new generation ;plant to augment the existing generation facilities in the country under a Build Own Operation (BOO) scheme either on its own or in a joint venture with VRA.
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CONSTRUCTION AND OPERATION OF DISTRIBUTED RENEWABLE ENERGY POWER GENERATION PLANTS

The Ministry is inviting Expressions of Interest from companies, operators and others who have the technical and financial capabilities and experience to develop, construct and operate stand alone and grid-connected distributed renewable power plants. The Ministry will enter into Power Purchase Agreement with the operators under terms agreeable between the parties and in accordance with PURC guidelines.
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Government's statement on Deregulation and Pricing of Petroleum Products developed on 18th February 2005.

INTRODUCTION

1. In his address to Parliament on the State of the Nation delivered on 3rd February 2005, His Excellency the President of the Republic had this to say about petroleum in Ghana, in the light of the global increases in crude oil prices which have become common knowledge.

2. "This year government will take a decision on the deregulations of the petroleum sector. The continued handling by government of the sector makes it difficult to respond appropriately to market forces when necessary. At the moment the unrealistic pricing makes our petroleum products the cheapest within our immediate neighborhood and prone to smuggling. Mr. Speaker, the general laws of economic reality apply to Ghana and we cannot continue to pretend otherwise. Deregulation will free government budgetary resources allowing it to cut down on borrowing and to increase allocation to vital social services. It will also allow the private sector to assume the role of a service provider within a well regulated environment".
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The deregulations of the Petroleum Downstream Sector started in September 1996... The programme was phased out as follows:
In the first phase TOR assumed the responsibility for crude oil and finished products procurement and importation. It also led to the establishment of the National Petroleum Tended Board.
The second phase involved the decentralization of the distribution network though the use of the Bulk Oil Storage and Transportation (BOST) depots that are strategically located throughout the country. Phase two was completed in 1998
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Cabinet approved the Power Sector Reform Programme in April 2003 and subsequently, in June 2003, approved the implementation strategy and schedule.

What does the Power Sector Reform Programme intend to achieve?

"Introducing change with the view to improve the way of doing electricity business in Ghana to meet objectives of Government".

It involves:
-Restructuring the Electricity Supply Industry;
-Regulation of the industry through licensing, cost reflective pricing and control of quality of service and
-Improving management and operations of utility companies.
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