METKA signs new EPC energy project in Ghana

METKA SA, a leading international contractor and industrial manufacturing group providing a complete range of Engineering-Procurement-Construction (EPC) services for energy and infrastructure projects, has signed a new EPC contract with Amandi Energy Limited for a new power plant in Ghana, the company announced in a statement today.

The agreement was signed in London on March 11, according to the statement. The project owner, Amandi Energy Limited, is jointly owned by A. Energy Development Limited and Aldwych International Limited, a leading developer and investor in energy projects in sub-Saharan Africa.

This is METKA’s second major project in Ghana and emphasizes the company’s commitment to becoming a leading player in the sub-Saharan Africa power market.

The project will be executed by METKA in consortium with General Electric, and includes the engineering, procurement, construction and commissioning of a 192MW combined cycle power plant in Takoradi.

The plant will be implemented with capability to operate on both natural gas and light crude oil, and will utilize the latest advanced version of General Electric’s well proven 9E gas turbine.

The project is scheduled to be constructed in 28 months, while the contract value for METKA is approximately $174 million.

Implementation of the project will commence upon completion of financing procedures, currently under finalization by a group of leading international financing institutions.