By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Small-scale miners accuse NDC gov’t of harassment and unlawful equipment seizures
    June 24, 2025
    You can’t rebuild NPP from the top — Cletus Dapilah warns
    June 24, 2025
    GES seeks financial clearance extension to settle newly posted teachers
    June 24, 2025
    Trainee nurses, midwives urge gov’t to review allowance validation process
    June 24, 2025
    Ghana Police dismiss reports on recruitment, warn public against fraud
    June 24, 2025
  • Business
    BusinessShow More
    Atlantic Catering becomes the first Ghanaian full-service catering company to join the UN Global Compact
    June 23, 2025
    CIB Ghana champions ethical banking with inaugural national challenge
    June 23, 2025
    VRA reaffirms commitment to CSR and sustainable community development
    June 23, 2025
    TOR announces resumption of operations by October after upgrades
    June 23, 2025
    Ghana demands for time-bound action plan for ECO currency
    June 22, 2025
  • Politics
    PoliticsShow More
    You can’t rebuild NPP from the top — Cletus Dapilah warns
    June 24, 2025
    I am ready to serve as General Secretary to help secure NPP’s future — Sylvester Tetteh
    June 24, 2025
    starrfm.com.gh
    NPP justifies January 2026 primaries date despite ‘top-to-bottom’ backlash
    June 24, 2025
    220 Former MMDCEs endorsed Bawumia willingly – Kwesi Botchway Jr.
    June 24, 2025
    Former MMDCEs are “political prostitutes” – Dr. Asante Otchere fires
    June 24, 2025
  • Entertainment
    EntertainmentShow More
    Sparqlyn wins 2025 APLA African Best Ghanaian Musician award in Lagos
    June 24, 2025
    W.E.B. Du Bois Museum Foundation commemorates 40th anniversary of historic Du Bois Centre’s dedication
    June 24, 2025
    Smirnoff In The Mix returns with street edition
    June 24, 2025
    Mahama appoints actress Kalsoume Sinare as Ghana’s Ambassador to Spain
    June 22, 2025
    KOKA calls on FBI to investigate Chris Waddle over lifestyle, attacks on Akufo-Addo
    June 21, 2025
  • Sports
    SportsShow More
    I want to make a lasting impact on the Black Queens – Chantelle Boye-Hlorkah
    June 23, 2025
    Hearts of Oak appoint Didi Dramani as head coach on two-year deal
    June 20, 2025
    Kofi Adams backs golf for youth development, sustainability, and education in Ghana
    June 19, 2025
    Kofi Adams hails Theo Lopez’s WBO title, pledges support for world title bid
    June 19, 2025
    El Wak Wings beat La Pioneers 3-0 in GAVA League clash
    June 18, 2025
  • Technology
    TechnologyShow More
    Onafriq, PAPSS partner to launch cross-border payment services in Ghana 
    June 20, 2025
    Yellow Card, Visa partner to accelerate stablecoin adoption across emerging economies
    June 19, 2025
    Samsung takes Galaxy Z Series to a new era
    June 18, 2025
    AgriTech Challenge Pro showcases potential of the agricultural sector to create jobs for the youth
    May 29, 2025
    Crypto regulation to spur innovation, attract investment
    May 20, 2025
  • International
    InternationalShow More
    Sierra Leone’s President Bio elected new ECOWAS Chair
    June 22, 2025
    Ghana not officially notified of U.S. Travel Ban – Ablakwa assures
    June 20, 2025
    First batch of Ghanaians in Iran evacuated to Turkey – Ablakwa
    June 20, 2025
    Pres. Mahama to host King Mswati III of Eswatini for a State Visit next week
    June 19, 2025
    Global Citizen partners the Spanish Government to host Global Citizen NOW Sevilla to call for international financing reform
    June 19, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Goldfields lauds Genser Energy for providing mines with sustainable power
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
General

Goldfields lauds Genser Energy for providing mines with sustainable power

Starrfm.com.gh By Starrfm.com.gh Published August 30, 2023
Share
SHARE

Goldfields Ghana Limited has lauded Genser Energy, a leading energy company in Ghana, for providing mining companies in the country with adequate, reliable and uninterrupted power supply.

The local company builds, owns and operates distributed generation installations, and natural gas distribution infrastructure, while selling power and natural gas to mines, industries and utilities.

Addressing participants at this year’s two day suppliers conference held at Tarkwa in Western Region on Monday, head of supply chain at Goldfields, Theophilus Otchere, underscored the importance of partnerships in the mining industry.

Later in an interview with journalists, on the side line of the conference, he touched primarily on why local contractors must study and understand the level of transparency and fairness involved in the tendering process and award of contracts for suppliers.

For more than 15 years, Genser Energy has not only played a crucial role in the energy sector as an Independent Power Producer (IPP) but has offered meaningful respite for the country’s mining industry in terms of energy supply.

Through strategic partnerships with the mining firms in the country, they (companies) constantly receive power supply from Genser Energy to power their plants for production.

Theophilus Otchere, lauded Genser Energy for setting higher standards in the mining industry for other local companies to emulate and believe in themselves.

He said the shining example of Genser Energy must draw other local firms closer to total quality management and performance.

“For us, Genser being a strategic partner, we call them a life of mine relationship. Life of mine means that, in as much as we exists as a mine, and doing our business, that is a critical component to what we do, that we can’t take out, so Genser is going to go the long hall with us.”

Describing the years of effort made by the Ghanaian firm, Mr. Theophilus Okyere, revealed that “about ninety (90) % of our power consumption comes from what Genser is doing. And with Genser, we have a Purchase Power Agreement (PPA) with them (Genser).

They are generating power, using natural gas on site, so we are not on the national grid. We can start up the mills here at about 40 megawatts of power, using the Genser plant, and this is a local company that we started walking the journey with.

Today, we are proud that, yes, Genser is able to transport gas all the way from Atuabo to Tarkwa and to Damang to enable us generate our own power on site

Since 2018, Genser Energy has constructed a total of 430km of natural gas pipelines. By closely collaborating with Ghanaian regulatory bodies, mining firms and other related establishments.

Mr. Theophilus Otchere said as Ghana continues to prioritize private sector, Goldfields believes their working relationship with various local companies, engagement with reliable firms, among others, continues to shape their ambitious targets while they uphold good governance practices at all times

For him, it is expected that more local companies would be motivated to go on this positive direction and do something in the country, knowing that they would bring further socio-economic developments and prosperity to the nation.

In line with this, he emphasized that there ought to be synergies and collaborative effort to cement existing relationships between Goldfields and private sector players in the country.

He said they are all contributing significantly to the national economy, and would undoubtedly play a justifiable role in shaping Ghana’s sustainable development journey.

Source: Ghana/Starrfm.com.gh/103.5FM/Prince Essien

You Might Also Like

Small-scale miners accuse NDC gov’t of harassment and unlawful equipment seizures

You can’t rebuild NPP from the top — Cletus Dapilah warns

GES seeks financial clearance extension to settle newly posted teachers

Trainee nurses, midwives urge gov’t to review allowance validation process

Ghana Police dismiss reports on recruitment, warn public against fraud

TAGGED:Genser EnergyGOLDFIELDS
Share This Article
Facebook Twitter Email Print
Share
Previous Article Experts delve into future of agriculture
Next Article Africa leaders have failed to address issues breeding coup d’etats’ – Int. relations expert

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?