Ghana, Burkina Faso, Ivory Coast, Benin and Niger have been nominated for the Third Power Compact under the Millennium Challenge Account (MCA).
Martin Eson-Benjamin, Chief Executive Officer (CEO) of the Millennium Development Authority (MiDA), announced this at a media stakeholders’ engagement in Accra.
He said out of the five countries two would be selected and Ghana stands a good chance of being selected, only if she successfully implemented the ongoing Power Compact II.
Mr Eson-Benjamin, therefore, urged the implementing entities and stakeholders under the Compact to rally behind the Authority to execute quality projects so that Ghana could benefit from the $536 million grant.
Updating the media on the Authority’s Action Plan for this year, he said it was left with 32 months to the end of the Power Compact II, noting that, 60 percent preliminary works had been done in the past two years and would leverage on it to complete the Compact on schedule.
He said it had fruitful engagements with the implementing entities and key stakeholders, and that negotiation is ongoing for the commencement of work on the largest electricity bulk supply point at Pokuase in March this year.
Again, additional four primary sub-stations would be built in Kotobabi, Korle-Gonno, Achimota and Kanda to enhance power distribution and minimize power leakages in Accra.
Mr Eson-Benjamin said another bulk supply point would be built in Kasoa to supply reliable power to surrounding communities.