Sunon Asogli is trying to reach agreement to import coal from South Africa that will be used to construct power plant in Ghana.
William Yan, Director of Commerce and Procurement, said official team of the company visited South Africa earlier this month to find out the feasibility of importing coal from the resources-rich country.
South Africa produces excess 255 million tonnes, around 77 percent of energy needs are carry out from coal, the country is also accounted for 92 percent coal producers on African continent.
Sunon Asogli, division of the Shenzhen Energy Group, plans to establish a 1,200 megawatt coal power plant in Ghana with the initial production of 700 MW whereas rest of the output would add up later.
Mr. Yan told, a technical team from China will arrive in the country next month to negotiate with the Volta Region Authority to partnership over sharing interest in the project. The Western Region is chosen to take benefit of its location, the Atuabo Port would be used to birth the coal carrying ships.
South Africa is World’s seventh largest coal producer and also one of the top five coal-exporting countries. South Africa uses third quarter of its coal output and rest of the output is exported. Coal serves as third largest source of foreign exchange after gold and platinum.
Sunon Asogli’s thinking is quite positive we hope that he succeeds in his ambitions and provides some desperate needed electrical energy.
Copyright © 2021 Ghanalive.TV. All Rights Reserved.