Karpowership Ghana is seeking an extension of its power generation contract beyond August 2027, as the company engages the government over the future of its operations in Ghana.
The company, which generates 450 megawatts of electricity for the national grid, says it remains optimistic that ongoing negotiations with the government will result in an extension.
The issue came into focus when Western Regional Minister Joseph Nelson paid a working visit to the Karpowership facility in the Sekondi Takoradi Metropolis to familiarise himself with its operations and contribution to Ghana’s power sector on Tuesday September 29, 2026.
Corporate Communications Manager of Karpowership Ghana, Sandra Amarquaye, said the company was committed to providing reliable and efficient power to the national grid.
She said Karpowership’s 450-megawatt contribution remained significant to Ghana’s electricity supply and expressed confidence in the ongoing discussions with the government.
“Our licence will expire in August 2027. We are currently in negotiations with government, and we are optimistic that it will turn out well. Things are looking positive,” she said.
Ms Amarquaye said the company was hopeful of securing an extension because of the role it continues to play in Ghana’s power sector.
Mr Joseph Nelson, after touring the facility, said Ghana’s growing electricity demand made the continued availability of reliable power generation capacity important.
He said Karpowership had previously contributed about 23 percent of Ghana’s power supply, although its contribution has now declined to about 11 percent amid increased demand and the entry of other Independent Power Producers.
According to him, Ghana has not yet met its growing electricity needs, particularly with the government’s 24-hour economy expected to increase demand from industry.
Mr Nelson said while the Ministry of Energy would ultimately determine whether Karpowership’s contract should be extended, the company’s contribution should be considered in the decision.
“To the extent that we still need power, then I believe that it will be worth our while to consider them for extension,” he said.
He said the country could not afford to overlook any viable source of power generation while demand continued to rise.
The Minister also commended Karpowership for its corporate social responsibility initiatives in the Western Region, particularly scholarships provided to students and environmental interventions.
He said the company’s presence in the region came with responsibilities beyond power generation.
“This is their home, and I’m their host and, of course, landlord,” Mr Nelson said, stressing the need for Karpowership to continue contributing to the development of the region.
He expressed hope that the Ministry of Energy would assess the company’s operations and contribution to the economy as it considers the future of its contract.
Karpowership Ghana’s current licence expires in August 2027, with negotiations on a possible extension ongoing.
By Ebenezer Atiemo
