|FOR IMMEDIATE RELEASE
March 22, 2013
Steve Lewis | (703) 875-4357
USTDA PROMOTES POWER TRANSMISSION IN GHANA WITH GRANT
TEMA, GHANA –The U.S. Trade and Development Agency (USTDA) awarded a grant to the Ghana Grid Company Limited (GRIDCo) in support of its efforts to develop a new power transmission line in southwestern Ghana. The $655,000 grant was signed at GRIDCo's headquarters in Tema by Paul Marin, USTDA's Regional Director for Sub-Saharan Africa and Charles Darku, the CEO of GRIDCo.
The grant supports a feasibility study that will assist GRIDCo, Ghana's state-owned power transmission company, in determining the technical and economic viability of expanding and strengthening Ghana's electric transmission network with a new 330 kilovolt (kV) power transmission line. The new power transmission line is planned to create nearly 150 miles of transmission linkages between three different cities. The feasibility will also provide GRIDCo with a power grid reliability assessment based on international standards.
"Ghana has placed a high priority on strengthening its power transmission grid and responding to the growing energy demand of its citizens," stated Paul Marin. "When implemented, this project would not only help GRIDCo in expanding its transmission network, but also provide export opportunities for U.S. companies in the energy sector."
The opportunity to conduct the USTDA-funded feasibility study 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.
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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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