Table of Contents
Table of Contents 2
List of Tables 4
Company Snapshot 5
Key Information 5
Company Overview 5
SWOT Snapshot 5
Operational Metrics 6
Volta River Authority, Operational Metrics, By Capacity 6
Volta River Authority, Operational Metrics, By Segmental Information 6
Volta River Authority, Wind Farms 7
Volta River Authority, Wind Farms, Ghana 7
Volta River Authority, Solar PV Parks 8
Volta River Authority, Solar PV Parks, Ghana 8
Volta River Authority, Hydro Power Plants 9
Volta River Authority, Hydro Power Plants, Ghana 9
Volta River Authority, Thermal Power Plants 10
Volta River Authority, Thermal Power Plants, Ghana 10
Business Description 12
Business Overview 12
Major Products and Services 13
History 14
SWOT Analysis 16
Overview 16
Volta River Authority Strengths 16
Power Generation Assets 16
Revenue Generation Model 16
Volta River Authority Weaknesses 16
Dependence on few Suppliers 16
Volta River Authority Opportunities 17
ECOWAS Regional Centre for Renewable Energy and Energy Efficiency 17
Growth of Tourism Industry 17
Increase in Demand for Electricity 17
Volta River Authority Threats 17
Operational Issues 17
Environmental Laws and Regulations 17
Transmission and Distribution Network Safety 18
Key Employees 19
Company Statement 20
Locations And Subsidiaries 21
Head Office 21
Other Locations & Subsidiaries 21
Financial Deals Landscape 22
Volta River Authority, Deals Summary 22
Volta River Authority, Power, Deal Details 23
Asset Transactions 23
Volta River Authority Invests US$8 Million In Navrongo Solar Power Plant In Ghana 23
Volta River Authority Completes Project Financing of USD24.5 Million for Solar Power Plant in Ghana 24
Volta River Authority Completes Project Financing Of US$22 Million Jirapa Solar Power Plant In Ghana 25
Volta River Authority Completes Project Financing For Takoradi 3 Thermal Power Project In Ghana 26
Recent Developments 27
Volta River Authority – Recent Developments 27
Jan 07, 2010: BPL Global And BPL Africa To Expand Smart Grid Project Nationwide In Ghana 27
Aug 18, 2017: Tullow Assures Local Businesses Of Some Upturn In Trade 27
Jul 06, 2017: Ghana’s VRA plans to increase generation at two power plants 27
Jul 01, 2017: Volta River Authority to expand Kpone Thermal Power Plant in Ghana 27
May 12, 2017: West African Gas Pipeline Project Set To Reinvigorate 27
Mar 02, 2016: New Ghana Gas Board Visits Atuabo Gas Processing Plant 28
Nov 16, 2015: VRA closes thermal power plants in Tema, Ghana 28
Oct 27, 2015: Ghana’s VRA obtains 250MW power plant from Dubai 28
Oct 20, 2015: Nigerian National Petroleum: FG, Ghana Reach Agreement To Settle N33.8bn Gas Debt In February 29
Oct 20, 2015: TAQA completes Ghana power plant expansion 29
Oct 20, 2015: WAPCo Positions WAGP To Meet Changes In Sub-Regional Energy Markets 30
Oct 17, 2015: VRA to start tests at 220MW Kpone thermal plant in Ghana 30
Apr 30, 2015: VRA Explores Opportunities in Coal Energy Generation 30
Mar 30, 2015: Nigeria Reduces Gas Supply To VRA Over $120m Debt 31
Jan 26, 2015: MoEP, Ghana: VRA To Utilise Fully Gas Supply From Atuabo In March 31
Dec 31, 2014: Ghana To Cut Gas Imports From Nigeria In 2015 32
Sep 01, 2014: VRA to sign gas supply agreement with four Nigerian firms 32
Jul 29, 2013: KEPCO E&C Provides Update On Construction Work At Takoradi T2 Expansion Project In Ghana 32
Jul 15, 2013: Ghana’s Takoradi Power Plant 33
Jun 10, 2013: VRA Closes 132 MW Takoradi 3 Combined Cycle Power Plant Due To Technical Problem 33
May 08, 2013: VRA Completes Navrongo Solar Power Plant In Ghana 33
Apr 02, 2013: CCC Completes And Hands Over Takoradi T3 132 MW TPP To Ghana 34
Feb 02, 2013: VRA To Shut Two Units Of TICO TPP In Ghana 34
Jan 27, 2013: TAQA Completes Financing For Takoradi 2 Power Plant Expansion In Ghana 34
Nov 06, 2012: VRA Increases Production Capacity Of Thermal Power Plant In Aboadze, Ghana 34
Jul 24, 2012: IFC Invests In Takoradi 2 Expansion To Increase Power Generation In Ghana 35
Jul 16, 2012: TAQA Secures Ghanaian Parliamentary Approval For Takoradi 2 Power Plant Expansion 35
Mar 20, 2012: WAPCo And Partners Meet To Discuss Harnessing West African Gas For Sub-region’s Development 36
Dec 16, 2010: ARL Connects Grid Power To Nzema Gold Project In Ghana 36
Nov 22, 2010: Ghana To Produce Bio-Diesel To Power VRA Thermal Plants 36
Jul 24, 2010: Ghana, Burkina Faso Urge Donor Countries And Institutions To Release Funds For 225kV Transmission Line Project 36
Jan 19, 2010: VRA Starts Operations Of 132 MW T3 Project In Aboadze, Ghana 37
Dec 09, 2009: Hydro Tech And Volta River Authority Complete Installation Of Two Of Six Custom-Designed Thrust Bearings At Akosombo Generating Station, Ghana 37
Apr 20, 2015: VRA, TR Spain Sign T4 Thermal Power Agreement to generate 186 MW power 37
May 30, 2014: Gasol LNG Import signs Gas Supply Agreement with Volta River Authority 38
Jul 03, 2013: Signing of Agreement to Commence the Kpong Generating Station Retrofit Project 38
Aug 03, 2012: VRA To Undertake Conversion Of Tema Thermal Power Complex In Ghana 39
Jun 20, 2011: KEC International Wins INR10.44 Billion Power Orders 39
Apr 01, 2010: ABB Wins $13 Million Order For Improving Power Transmission Network In Ghana 40
Nov 19, 2009: KEC International Wins Rural Electrification & Substation Orders 40
Appendix 41
Report Scope 41
GlobalData Coverage 41
Benchmarking 41
GlobalData’s Methodology 41
Secondary Research 41
Primary Research 42
Contact Us 42
Disclaimer 42
Volta River Authority, Key Facts 5
Volta River Authority, Operational Metrics, Capacity 6
Volta River Authority, Operational Metrics, Segmental Information 6
Volta River Authority, Wind Farms, Ghana 7
Volta River Authority, Solar PV Parks, Ghana 8
Volta River Authority, Hydro Power Plants, Ghana 9
Volta River Authority, Thermal Power Plants, Ghana 10
Major Products and Services 13
Volta River Authority, SWOT Analysis 16
Volta River Authority, Key Employees 19
Volta River Authority, Subsidiaries 21
Volta River Authority, Deals Summary 22
Volta River Authority Invests US$8 Million In Navrongo Solar Power Plant In Ghana 23
Volta River Authority Completes Project Financing of USD24.5 Million for Solar Power Plant in Ghana 24
Volta River Authority Completes Project Financing Of US$22 Million Jirapa Solar Power Plant In Ghana 25
Volta River Authority Completes Project Financing For Takoradi 3 Thermal Power Project In Ghana 26
