Togbe Afede XIV and his investment partners – Shenzhen Energy Group sought audience with the Secretary General of the West Africa Power Pool to explore opportunities for cooperation in the development of the viable WAPP Priority Generation Projects.
The Secretary General, Siengui Apollinaire, on behalf of the Secretariat expressed so much joy as this initiative will be an invaluable boost to finding solutions to the myriad of under capacity or generation issues, hindering the stability and affordability of electric power in the countries of the sub-region for an immediate take off of the regional electricity trade.
He commended Sunon Asogli Power Ghana Ltd as an invaluable member of the West Africa Power Pool that has always been on time in the discharge of its membership obligations.
He indicated that the Master Plan 2019-2033 adopted by the Conference of Heads of State and Government of ECOWAS countries in December 2018, provides for the implementation of 75 priority energy generation and transmission projects at an estimated funding cost of $36billion.
He added that the implementation of this ambitious plan will, among other things, make it possible to finalize the interconnection projects of 14 ECOWAS countries and to launch the competitive phase of the ECOWAS Regional Electricity Market.
Togbe Afede XIV assured the secretariat of his partners’ readiness, financially and technologically, to invest as independent power producers in several ECOWAS countries.
The team was taken round to see the progress of work at the Information and Coordination Centre (ICC) of the West Africa Power Pool, which is expected to become operational by the end of the year.
Sunon Asogli’s delegation was led by Togbe Afede XIV, Mr. Wang Zhengjun, the Deputy General Manager; Mr. Elikplim Kwabla Apetorgbor and Mr. Li Kanglin, Business Development Managers of the West Africa Development Unit (WADU).
Source: Joy Business