Ghana invites investment from Indian power firms.

West African nation Ghana suffering from acute power shortage has invited Indian power companies to invest in setting up thermal and renewable power projects.

Ghana, with installed capacity of 3,000 MW of hydro and gas-based power plants, currently produces only half of the power it needs. The government has plans to achieve 5,000 MW capacity by the end of 2016.

“The Chinese companies are already there and we want Indian power companies to explore the possibility to invest and reap the benefits. India must not wait for China to takeover (the power sector in Ghana). I will be happy if India shows interest (to invest),” said Republic of Ghana’s Energy Commission Chairman, Dr. Kwame Ampofo, who is leading a delegation to India now.

The Hindu