Market Study


Market Study for 330 MW Combined Cycle Power Plant: Pre-Investment Study for 110 MW Steam Plant Addition at Takoradi International Company (TICO)

Provided transaction advice to the developer with the final deliverable presented as a study to establish the viability and feasibility of the proposed investment in a 110MW steam plant. The report also addressed key challenges the project was expected to be confronted with.
Key tasks under the assignment included:

  • an analysis of the power sector covering demand forecast for the domestic and regional markets, energy balance and forecast, both domestic and regional markets, contingencies for energy shortfalls, effect of Ghana’s Wholesale Electricity Market (WEM) on VRA as well as commercial issues for investors,
  • Jubilee Field production, structure and economics of domestic gas market and implications of Ghana’s oil and gas find on demand and supply of power, and
  • comparative attractiveness of combined cycle and other alternative assets.