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470 MW Karadeniz Powership Osman Khan Arrives In Ghana

20.08.2017

For more information please contact:

Asli Altug

Email: pr@karadenizholding.com

 

The Largest Floating Power Plant in the World will provide Low Cost Continuous Electricity to Tema, Ghana

Accra, Ghana – Karpowership Ghana Company Limited announces the arrival of the world’s largest Powership, the 470 MW Karadeniz Powership Osman Khan to Ghana. The Powership will start operating in the Tema fishing Harbor in September.

The arrival of Karadeniz Powership Osman Khan is in consonance with the Power Purchase Agreement signed with the Electricity Company of Ghana (ECG) requiring Karpowership Ghana Company Limited to provide a total of 450MW capacity and directly feed it into the national grid for 10 years.

 

Karpowership has a proven track record of supplying sustainable, reliable and affordable electricity with its operational 235 MW Karadeniz Powership Aysegul Sultan, which is moored in Tema Fishing Harbor. The 470 MW Powership will supply uninterrupted and reliable electricity at one of the lowest cost to Ghana for thermal power generation with its dual fuel engines and combined cycle power generation technology. The Powership will initially use low Sulphur Heavy Fuel Oil (HFO) to generate electricity but the fuel will be converted to Natural Gas as soon as local Natural Gas supplies become available, ensuring cost savings for Ghana. The operations of 470 MW Karadeniz Powership Osman Khan will have a significant contribution to Ghana’s electricity supply as the most reliable power plant in the country and create more employment opportunities.

 

Karpowership is a socially responsible company that is also committed to giving back to the community. Since it began operations in Ghana on December 2015, the company has engaged in several projects such as providing bursary for brilliant but needy students, providing school supplies, and furnishing a computer laboratory. As a strategic partner, Karpowership Ghana Company Limited says it is committed to Ghana’s development and will continue providing all Ghanaians reliable, sustainable, and affordable electricity.

 

About Karpowership

Karpowership is the only owner, operator and builder of the first Powership™ (floating power plant) fleet in the world and plays an active role in medium to long-term investments with more than 2200 employees. Currently, Karpowership owns and operates 13 Powerships with an installed capacity of 2.7 GW and 5.3 GW Powerships under construction. Karpowership is operational in Ghana, Indonesia, Lebanon and Zambia (via Mozambique).

www.karpowership.com