Earlier this week, Ghana’s Millennium Development Authority (MiDA) signed an Implementing Entity Agreement (IEA) with the Lands Commission for 15.6 acres of land for the construction of a Bulk Supply Point (BSP) Substation.
Martin Eson-Benjamin, CEO of MiDA said on completion of the BSP Substation, it would be the largest in the country, which would benefit the Electricity Company of Ghana (ECG) and GRIDCo in distribution and transmission networks, Business Ghana reported.
According to the CEO, the project will bolster power supply at Pokuase, Achimota, Nsawam, Kwabenya and surrounding communities in the Greater Accra Region.
Bulk Supply Point Substation
According to media, MiDA would provide One Million Ghana cedis to the Lands Commission for payment of compensation and administrative purposes under the implementation of the Compact II of the Millennium Challenge Corporation (MCC).
Benjamin said through the Lands Commission’s support, ECG had been given the formal right-of-entry to the site in Pokuase, to commence preparatory works towards the design and construction of the substation, media reported.
The CEO acknowledged the support and guidance of the Lands Commission in land-related issues, which ensured the successful implementation of the Compact I projects.
Business Ghana noted that the government of Ghana and the US signed the Compact II, which would afford $498 million to support the improvement of Ghana’s power sector.
Dr. Wilfred Anim-Odame, the Executive Secretary of the Lands Commission, said that the Commission had the necessary structures, competencies and expertise to deliver the objectives of the Compact II to engender economic growth and alleviate poverty.
Kenneth James Miller, the Resident Country Director of the Millennium Challenge Corporation, said the implementation of the Compact II was behind schedule and urged key stakeholders involved in the implementation to expedite action to ensure a smooth take-off.