In Ghana, Armech Africa Limited, a designer and manufacturer of modern industrial processes, will build a waste-to-energy power plant in Tema. The plant will generate 60 MW of energy, through the incineration of the 3,000 metric tons of waste generated daily in the country.
With an announced value of $300 million, the plant will be financed by the Armech Group via the Industrial and Commercial Bank of China, without any sovereign guarantee from the Ghanaian government.
In addition, Energy China, one of the world’s largest suppliers of electrical solutions, will be in charge of its construction.
Armech Africa Ltd., a subsidiary of the Indian group Armech, has entered into a public-private partnership with Ghana’s state electricity utility for the power generated from the project.