The government has announced plans to construct a 1,200-megawatt state-owned thermal power plant beginning in 2026 as part of efforts to boost Ghana’s energy generation capacity and ensure long-term energy security.
Presenting the 2026 Budget Statement and Economic Policy to Parliament, the Finance Minister, Dr. Cassiel Ato Forson, said the project will utilise 150 million standard cubic feet of gas per day expected to be produced by Ghana’s OCTP and Jubilee partners in the medium term.
He explained that the new plant will offtake the additional gas from the OCTP partners and Gas Processing Plant (GPP 2), providing reliable fuel supply for large-scale power generation.
Dr. Forson said the initiative aligns with the government’s commitment to achieving affordable and sustainable electricity access while strengthening the country’s energy independence.
“The plant will support the provision of reliable and affordable power and secure Ghana’s energy future,” he stated.
The project forms part of the Mahama administration’s broader strategy to expand state ownership in the energy sector, reduce dependence on private independent power producers, and stabilise electricity tariffs for both industries and households.
