GHANA – The United States through its agency the Millennium Challenge Corporation (MCC) is funding the modern Bulk Supply Point (BSP) in Ghana’s Kasoa Municipality.

The funding for the project is part of grant funds provided to Ghana under the Ghana Power Compact Programme.

The Kasoa BSP, a 435 MVA Gas Insulated Switchgear (GIS) sub-station, when completed, would be the second largest Bulk Supply Station in the country after the Pokuase BSP, which is currently under construction.

Its completion will enable Residents and businesses in Kasoa and its environs to have access to enjoy improved and reliable power supply.

The statement from the Communications and Outreach Unit of Millennium Development Authority (MiDA)  said the Power Compact programme will fund among others two BSPs in Kasoa and Pokuase BSPs.

The PCP will also fund Low Bifurcation Projects and the construction of Primary Substations while at the same time supporting Energy Efficiency Interventions in Public Institutions and capacity building support to Regulators of the power sector.

Beneficiaries of the project who include Electricity Company of Ghana (ECG), the Ghana Grid Company (GRIDCo) together with the MCC and Siemens (the project contractor) met in January before the site was officially handed over to Siemens.

Mr Martin Eson-Benjamin, the CEO of MiDA, in his opening remarks, said the Project is a critical asset that will address the increasing demands for electricty by the commerce, industry and numerous domestic consumers located in the fast growing Kasoa Municipality and its environs.

He added that the BSP would help “boost socio-economic activities and support Government’s development agenda planned for the Municipality.”

The construction of the Bulk Substation and its related Interconnecting Circuits will take 18 months to complete.

MiDA noted in a statement that upon completion, the infrastructure would contribute to reducing the frequency and duration of power outages suffered by communities and businesses in Kasoa and its surrounding communities.

It would also reduce the transmission and distribution system losses suffered by GRIDCo and ECG respectively and ultimately improve the operational and financial performance of the Utilities firms.

The Kasoa BSP forms part of activities under the ECG Financial and Operational Turnaround (EFOT) Project.

The Project seeks to improve the efficiency of  investments in ECG’s network in order to reduce technical, commercial, and collection losses and improve service quality.