Lanka Hydro power project is a 95MW hydro power project. It is planned on Black Volta river/basin in Upper West, Ghana. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 95 | – | 95 | Announced | Upper West, Ghana | Volta River Authority |
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Description
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The project is being developed and currently owned by Volta River Authority.
The project is expected to generate 319 GWh of electricity. The project cost is expected to be around $175.755m.
Development Status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.
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By GlobalDataAbout Volta River Authority
Volta River Authority (VRA), is a state-owned energy utility company, which generates, transmits, and distributes electricity. It produces power from solar, hydro, light crude oil, distillate fuel oil and heavy fuel oil sources. The authority procures energy from Takoradi International Company Ltd; and imports from Compagnie Ivoirienne d’ Electricite. VRA distributes electricity through the Northern Electricity Distribution Company Ltd. Through its subsidiaries, the authority also provides hospitality; river transportation; and commercial farming, agro-processing, and machinery services. VRA is headquartered in Accra, Ghana.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
