Business News of 2014-02-05

GRIDCo urges public to conserve power

The Ghana Grid Company Limited (GRIDCo) is entreating the general public to conserve electricity because it is facing challenges in the supply of electricity across the country.

A statement signed by the Head of Public Relations, Albert Quainoo said increased demand for electricity and the non-availability of some generators in the power system has resulted in the occasional curtailment of power across the country.

It said, the annual peak demand for electricity grew from 1,729MW in 2012 to 1,943MW in 2013 which is a growth of over 12%.

“Forecast demand now is 1,980MW at peak. With the current available generation capacity from the power producers at 1,965MW, there is therefore supply inadequacy especially during the peak periods,” the statement said.

It noted that at present, six generators at the Akosombo Power Plant, four generators in Kpong and another two generators at Bui were available and even though all the three units at Bui had been commissioned, power evacuation facilities for one of the units is yet to be completed at the Sunyani substation.

It further said expansion and maintenance works were ongoing at the TICO and TAPCO plants at Aboadze respectively and was expected to be completed by the end of the second quarter to increase the capacity of the TICO plant from 220MW to 330MW.

“The Mines Reserve Plant in Tema which has been out of service for over a year was restored to service on February 3, 2014, adding 40MW to the system. In all, about 422MW of installed generating capacity is currently not available from various generators across the system because of the above stated reasons,” the statement noted.

Source: graphic.com
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