U.S. finalizes $316m investment in Ghana’s energy

The United States has concluded its nearly six-year $316 million investment in Ghana’s energy infrastructure with the opening of the Kasoa Bulk Supply Point (BSP) today, providing more stable power to hundreds of thousands of schools, hospitals, offices, and residences.

The Kasoa Bulk Supply Point (BSP) was solemnly inaugurated today by Deputy Chief of Mission Nicole Chulick, Vice President of Ghana H.E. Dr Mahamudu Bawumia, and other Ghana government officials.

The $50 million power substation was funded by the US government as part of the MCC-Ghana Power Compact. Chulick and Vice President Bawumia viewed the new facility after the celebration.

The Kasoa BSP will assist stabilise voltages, eliminating power outages, and increasing the quality and reliability of power delivered to the Awutu Senya East Municipality in Ghana’s Central Region. The Kasoa BSP has grown to become Ghana’s second-largest capacity BSP. The gas-insulated power substation with a capacity of 435 megavolt ampere (MVA) will service 250,000 ECG users. It would also reduce technical losses in the power transmission and distribution system, enhancing the long-term financial viability of the Ghana Grid Company (GRIDCo) and the Electricity Company of Ghana (ECG).