METKA S.A. is pleased to announce the signature of a new EPC
contract with Amandi Energy Limited for a new power plant in
Ghana. The contract signature took place in London on 11 March
2016.
The project owner, Amandi Energy Limited, is jointly owned by A.
Energy Development Limited and Aldwych International Limited, a
leading developer and investor in energy projects in sub-Saharan
Africa.
The project will be executed by METKA in consortium with General
Electric, and includes the engineering, procurement,
construction and commissioning of a 192MW combined cycle power
plant in Takoradi. The plant will be implemented with
capability to operate on both natural gas and light crude oil,
and will utilize the latest advanced version of General
Electric's well proven 9E gas turbine. The project will be
constructed in 28 months.
The contract value for METKA is approximately $174 million.
Implementation of the project will commence upon completion of
financing, currently under finalization by a group of leading
international financing institutions.
This is METKA's second major project in Ghana, and emphasizes
the company's commitment to become a leading player in the
sub-Saharan Africa power market.