ICBC pledges loan for 360MW Inchaban Natural Gas Combined Cycle Power Plant Project

Funder	Industrial and Commercial Bank of China (ICBC)
Recipient Organization	Chrispod Power Corporation of Ghana
Country	Ghana
Start Date	Dec 04, 2015
End Date	Jul 14, 2030
Duration	5,336 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`73141`

Grant Description

ICBC pledges loan for 360MW Inchaban Natural Gas Combined Cycle Power Plant Project On December 4, 2015, ICBC agreed in principle to provide a loan to Chrispod Power Corporation of Ghana — a special purpose vehicle — for the 360MW Inchaban Natural Gas Combined Cycle Power Plant Project. This is a public-private partnership (PPP) project being implemented in Shama district.

Gezhouba Group is the contractor responsible for project implementation. It signed an EPC contract in 2017.

📋 Staff Comments

This project is also known as the Chrispod Thermal Power Plant Project or Chrispod Gas-fired Power Plant Project. The Chinese project title is 加纳Chrispod电力350MW天然气联合循环电站项目.

📚 Sources & References

Trade and Investment Opportunities in Sub-Saharan Africa - The Power Sector
China-Africa Investment and Financing Forum Held in South Africa
China präsentiert Liste mit Kooperationsprojekten entlang der Seidenstraße
Project Basic Info
加纳Chrispod电力350MW天然气联合循环电站项目 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.