Abu Dhabi National Energy Co (TAQA), a state-owned oil explorer and power supplier, secured a $355 million project financing and government approval to expand its power plant in Ghana, it said on Monday.
TAQA, which is owned 75 percent by the government of Abu Dhabi, will expand the Takoradi 2 (T2) power plant's capacity from 220 megawatts to 330 megawatts, the firm said in a statement.
Japan's Mitsui & Co and Korea's Kepco will start construction of the plant this month, the statement added.
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