|FOR IMMEDIATE RELEASE
March 25, 2011
Thomas R. Hardy | (703) 875-4357
USTDA SUPPORTS NEW POWER TRANSMISSION LINE IN EASTERN GHANA
ACCRA, GHANA – USTDA provided a grant to the Ghana Grid Company Limited (GridCo) today to support the development of a new power transmission line in eastern Ghana. The USTDA grant will fund the costs of a feasibility study on the technical and economic viability of expanding and strengthening Ghana’s electricity transmission network with a new 62 mile power transmission line between Asiekpe and Kpandu, and a new 143 mile transmission line between Kadjebi and Yendi.
U.S. Ambassador Donald Teitelbaum signed the $645,000 Grant Agreement with Mr. Charles Darku, Chief Executive Officer of GridCo, at the U.S. Embassy in Accra yesterday morning.
“The USTDA-funded feasibility study will assist GridCo in its efforts to provide redundancy to Ghana’s power transmission network and bring access to electricity to currently underserved areas,” said Ambassador Teitelbaum after signing the Grant Agreement on behalf of the United States.
GridCo owns and operates Ghana’s national power transmission grid, and has prioritized the development of new transmission facilities on the east side of Lake Volta. The new power transmission line will not only improve the reliability of power in northern and eastern Ghana, but is also expected to improve the economic viability of two important renewable energy projects near the new line’s path, including the potential wind power site at Kadjebi and the potential hydropower site at Juale.Many U.S. companies are taking an active part in the growth of Ghana’s energy sector, and the USTDA grant is expected to create substantial business opportunities for U.S. companies in engineering, substation components, software and control systems, and transmission lines. Ambassador Teitelbaum commented, “Through their partnership on this important feasibility study, USTDA and GridCo are working towards an outcome which will be mutually beneficial to Ghana and the United States.”
The opportunity to conduct the USTDA-funded technical assistance will be competed on the Federal Business Opportunities (FBO) website. A link to the FBO announcement will be posted to USTDA’s website at www.ustda.gov. Interested U.S. firms should submit proposals according to the instructions in the FBO announcement. The Ghana Grid Company Limited will select the U.S. contractor that will complete the technical assistance.
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The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project planning activities, pilot projects, and reverse trade missions while creating sustainable infrastructure and economic growth in partner countries.
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