Ghana invests $200 million in nuclear readiness
By the AFREEQUE newsroom, based on MyJoyOnline
Ghanaian Finance Minister Cassiel Ato Forson announced a $200 million nuclear readiness programme to Parliament, running from January 2027 to December 2028. The budget will cover technical, regulatory, financial and environmental preparations before the signing of a contract to build a state-owned nuclear power plant.
Ghana will spend $200 million on a 24-month nuclear energy readiness programme from January 2027 to December 2028, Finance Minister Cassiel Ato Forson announced while presenting the 2027 budget to Parliament, reports MyJoyOnline.
The programme is intended to enable Ghana to complete the technical, regulatory, financial and environmental preparations needed before the construction of a fully state-owned nuclear power plant. The government aims in particular to assess the site, select nuclear technology, conduct environmental studies, prepare financing, pursue licensing, establish nuclear safeguards, plan for emergencies and prepare a safety case, according to Cassiel Ato Forson.
The minister said the completion of nuclear readiness in December 2028 would not mean that nuclear electricity production would begin that year. The aim is to reach the required level of readiness by that date to sign the engineering, procurement, construction and financing contract for the future nuclear power plant, he said.
