GE planning 1,000 MW power plant in Ghana

General Electric (NYSE: GE) is interested in making an investment in Ghana’s power sector by planning a 1,000 MW power plant, according to a report from the Ghana Business News.

According to the report, GE Africa President and Chief Executive Officer disclosed the information to Ghana Energy and Petroleum Minister Emmanuel Kofi Buah in a meeting last week. The plant would help boost power generation in the country, which is currently experiencing frequent power shortages.

The Business News stated Ireland expressed GE’s excitement about the opportunities in Ghana’s power sector, which he described as a growing industry. GE’s involvement could also bring in other investors in an effort to lead a public-private partnership in Ghana’s energy sector.

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