{"id":54187,"date":"2014-10-07T08:58:19","date_gmt":"2014-10-07T08:58:19","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=54187"},"modified":"2014-10-07T08:58:19","modified_gmt":"2014-10-07T08:58:19","slug":"kipp-us-900-million-project-signed","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/10\/kipp-us-900-million-project-signed\/","title":{"rendered":"KIPP US$ 900 million project signed"},"content":{"rendered":"<p>A 900 million dollar agreement has been signed for the construction of the Kpone Independent Power Plant (KIPP).<\/p>\n<p>The project being undertaken by Cenpower Generation Company, when completed in 2017, will be the largest private IPP in the country.<\/p>\n<p>It will account for approximately 10% of Ghana\u2019s total installed capacity and approximately 20% of its available thermal generation capacity.<\/p>\n<p><b>Citi Business news<\/b> also gathers it will be one of Ghana\u2019s most fuel-efficient thermal power stations because it is a Combined Cycle Gas Turbine plant.<\/p>\n<p>The project finance comprises two components, a 650 million dollar debt tranche and a 250 million dollar equity tranche.<\/p>\n<p>The debt is being funded by a consortium of South African commercial banks and international Development Finance Institutions (DFIs).<\/p>\n<p>&nbsp;<\/p>\n<p>By:\u00a0 Anim Kwaku Boadu\/citifmonline.com\/Ghana<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 900 million dollar agreement has been signed for the construction of the Kpone Independent Power Plant (KIPP). The project being undertaken by Cenpower Generation Company, when completed in 2017, will be the largest private IPP in the country. It will account for approximately 10% of Ghana\u2019s total installed capacity and approximately 20% of its [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":54188,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[22,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>KIPP US$ 900 million project signed - Citi 97.3 FM - Relevant Radio. 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