President John Dramani Mahama will in December cut the sod for the construction of a 1,450-megawatt (MW) state-owned thermal power plant, the Minister of Finance, Dr Cassiel Ato Forson, has announced.
Presenting the 2027 Budget Statement and Economic Policy of the Government to Parliament on Thursday, November 12, 2026, Dr Forson said: “In December, His Excellency will cut sod for the beginning of a 1,450MW state-owned thermal power plant.”
The project forms part of the government’s “New Economy” agenda, which seeks to move the country from economic stabilisation towards growth, jobs and enterprise development. The agenda includes the US$10 billion New Economy Programme, a four-year investment initiative covering 2027 to 2030, announced by President Mahama.