Summary

A 20 MW solar PV plant in the Central Region, supplying ECG under a PPA signed 23 December 2015 running 20 years from commercial operation (the agreement's own term clause separately states 25 years — an internal inconsistency flagged for Ministry review). A flat feed-in tariff of 18.2464 US cents/kWh applies for the first 10 years, reset by PURC thereafter, with a take-or-pay obligation.

Key terms

Offtaker

Electricity Company of Ghana (ECG)

Signing date

2015-12-23

Financial close

—

Commercial operation

—

Contract end

—

Contract duration

20 years

Contract status

Active

Tariff structure

Energy-only

Capacity charge

—

Energy charge

USD 18.2464/kWh

Key risk features

Take-or-pay Currency indexation Change-in-law protection

Indexation formula

Feed-In-Tariff fixed at 18.2464 US cents/kWh for the first 10 years of the Term; from year 11 the FIT is reset 'as approved by PURC' with no stated formula. Tariff invoiced in USD, paid in Cedis at a quarterly Hedged Exchange Rate filed with PURC.