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Ghana Power Rationing to Continue Into 2015: Official

May 13 (Bloomberg) -- Ghana, West Africa’s second-biggest economy, may need to ration electricity for the next 10 months because it lacks spare capacity to replace plants shut down for repair, a government official said.

“We have no reserves,” Samuel Fletcher, a spokesman for the Volta River Authority, the state-owned producer of 80 percent of the nation’s electricity, said in an interview today in the capital, Accra. “Demand and supply are all the same.”

Ghana is currently able to supply 2,000 megawatts of power, out of an installed capacity of 2,800 megawatts, because some thermal plants are down for maintenance and upgrades, Fletcher said.

The world’s second-largest cocoa producer has rationed power for about three months this year, and is currently cutting electricity due to a deficit of 200 megawatts.

While that shortfall should end in May, “we will ration power any time a plant has to shut down for maintenance or repairs,” Fletcher said. That will continue until the end of the first quarter of 2015, when refurbished plants bring on board an additional 330 megawatts, he said

To contact Bloomberg News staff for this story: Ekow Dontoh in Accra at edontoh@bloomberg.net

To contact the editors responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net Ben Holland, Ana Monteiro

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