Takoradi (TICO) Thermal power plant

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Takoradi (TICO) Thermal power plant (also known as T2 and TICO) is a 320-megawatt (MW) operating power station in Aboadze, Western, Ghana, fueled by fuel oil and gas.

Project Details

Table 1: Unit-level details for Takoradi (TICO) Thermal power plant

Unit name Status Fuel(s) Capacity (MW) Technology CHP[1] Start year Retired year
2 operating[2] fuel oil, gas[3] 320 MW combined cycle[3] not found 2014[4][5]

Table 2: Unit-level ownership details for Takoradi (TICO) Thermal power plant

Unit name Operator Owner Parent
2 Takoradi International Company Ltd (TICO)[100.0%][4] Abu Dhabi National Energy Company PJSC (TAQA)[90.0%]; Volta River Authority[10.0%][6][7]


Location

Table 3: Plant-level location details for Takoradi (TICO) Thermal power plant

Plant name Location Coordinates (WGS 84)
Takoradi (TICO) Thermal power plant Aboadze, Western, Ghana 4.9716, -1.6598 (exact)[8]

The map below shows the exact location of the power station.

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Background

This plant is also called Takoradi 2.[9] The plant is part of the three Takoradi power stations in Aboadze. The power stations include Takoradi (TICO) Thermal power plant, Takoradi (TAPCO) 1 Thermal power plant, and Takoradi (TAPCO) 3 Thermal power plant.In 2000, the Takoradi International Company (TICO), a joint venture between Abu Dhabi National Energy Company PJSC (TAQA) (90 percent) and the VRA (10 percent), completed construction and began operating the second combustion unit. The plant accounts for 15 percent of Ghana’s installed power production capacity.[3]To increase the efficiency and capacity of Takoradi T2, TICO proposed converting and expanding the plant to operate in combined cycle mode with the addition of a 110 MW steam turbine and generator.[3] In July 2012, the expansion project proposal was approved.[10]The total project cost is approximately US $325 million. IFC provided a US $80 million loan to TICO. The OPEC Fund for International Development provided an additional US $22.5 million for the project, and a consortium of international development finance institutions led by the FMO of the Netherlands provided $330 million in debt financing. TAQA also made a US $25 million equity investment into the project. [11]In 2014, the expansion project was completed. The expansion project increased the generation capacity from 220 MW to 330 MW.[3]

Articles and Resources

Additional data

To access additional data, including an interactive map of gas-fired power plants, a downloadable dataset, and summary data, please visit the Global Gas Plant Tracker on the Global Energy Monitor website.

References

  1. CHP = Combined Heat and Power
  2. "energycom.gov.gh/files/2021%20published%20Energy%20Statistics.pdf" (PDF). Archived (PDF) from the original on September 27, 2021.
  3. 3.0 3.1 3.2 3.3 3.4 "library.pppknowledgelab.org/documents/3539/download". Archived from the original on June 2, 2021.
  4. 4.0 4.1 "TAKORADI II - Proparco - Groupe Agence Française de Développement". www.proparco.fr. Archived from the original on June 2, 2021. Retrieved January 28, 2022.
  5. Watts, Ben. "TAQA's Takoradi 2 expansion project inaugurated in Ghana". African Review. Archived from the original on June 2, 2021. Retrieved January 28, 2022.
  6. "About – TAQA Ghana". Archived from the original on September 7, 2021. Retrieved January 29, 2022.
  7. "TAQA Ghana – Powering a Thriving Future". Archived from the original on August 12, 2021. Retrieved January 29, 2022.
  8. https://www.google.com/maps/place/4%C2%B058'17.6%22N+1%C2%B039'35.4%22W/@4.9715452,-1.6611204,1114m/data=!3m2!1e3!4b1!4m6!3m5!1s0x0:0x0!7e2!8m2!3d4.971542!4d-1.6598187. {{cite web}}: Missing or empty |title= (help)
  9. "Project detail - TAKORADI INTERNATIONAL COMPANY - FMO". www.fmo.nl. Retrieved 2022-07-25.
  10. "Ghana - Takoradi T2 Thermal Power Plant Expansion Project".{{cite web}}: CS1 maint: url-status (link)
  11. https://opecfund.org/operations/list/takoradi-ii-330mw-gas-fired-thermal-power-plant-expansion. {{cite web}}: Missing or empty |title= (help)CS1 maint: url-status (link)