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Tag: Dr. Cassiel Ato Forson

Government has announced plans to construct a 1,200-megawatt state-owned thermal power plant, set to begin in 2026. This project aims to utilise an additional 150 million standard cubic feet of gas per day from OCTP partners and GPP 2, further bolstering the country's energy capacity. Delivering the 2026 Budget in Parliament, Minister of Finance Dr. Cassiel Ato Forson said the new power plant is expected to enhance Ghana's energy security, reliability, and accessibility, supporting both residential and industrial growth. Beginning 2026, Government will commence the construction of a 1,200-megawatt state-owned thermal power plant to offtake the additional 150 million standard cubic feet of gas per day from the OCTP partners and GPP 2.” He added that this initiative aligns with the government's commitment to improving energy infrastructure and meeting increasing demand. Mr Speaker, in the medium term, a total of 150 million standard cubic feet of gas per day will be produced by our OCTP and Jubilee partners, enough to generate up to 1,200 megawatts of power.” This announcement follows the recent commissioning of the 200 MW Bridge Power Plant, which is expected to supply over 7% of Ghana's dependable thermal power. The government has emphasised its dedication to addressing financial challenges in the energy sector and strengthening partnerships with Independent Power Producers (IPPs).
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Full Speech: 2025 MID-YEAR FISCAL POLICY REVIEW – Resetting the Economy for the Ghana We Want

The Minister of Finance, Dr. Cassiel Ato Forson, has delivered the 2025 Mid-Year…

Jeorge Wilson Kingson
Jeorge Wilson Kingson
JICA Signs Grant Agreements for the “Project For Human Resource Development Scholarship (JDS)”
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JICA Signs Grant Agreements for the “Project For Human Resource Development Scholarship (JDS)”

The Japan International Cooperation Agency (JICA) and the Ministry of Finance (MOF)…

Jeorge Wilson Kingson
Jeorge Wilson Kingson
2024 Budget: Ofori-Atta lacks knowledge on parliamentary rules – Ato Forson
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2024 Budget: Ofori-Atta lacks knowledge on parliamentary rules – Ato Forson

The Minority Leader, Dr. Cassiel Ato Forson, has questioned Finance Minister Ken…

Jeorge Wilson Kingson
Jeorge Wilson Kingson
2nd IMF Tranche: Negotiation talks deadlocked over cut-off point dispute with Creditor Committee – Minority Leader
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2nd IMF Tranche: Negotiation talks deadlocked over cut-off point dispute with Creditor Committee – Minority Leader

The Minority in Parliament has voiced apprehensions regarding an apparent impasse in…

Jeorge Wilson Kingson
Jeorge Wilson Kingson
Second tranche of $3bn IMF cash in limbo – Ato Forson
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Second tranche of $3bn IMF cash in limbo – Ato Forson

The Minority in Parliament says the second tranche of the $3 billion…

Jeorge Wilson Kingson
Jeorge Wilson Kingson