Turkish energy company Aksa Enerji has launched partial commercial operations at the first phase of its 350-megawatt (MW) Kumasi Natural Gas Combined Cycle Power Plant in Ghana, the company confirmed in a statement.
The project, backed by a long-term, U.S. dollar-based power purchase agreement, is designed to help meet Ghana’s growing electricity demand while strengthening the country’s grid stability, the company stated.
The Kumasi facility is expected to begin operating at 130 MW capacity in a simple cycle mode in January 2026, with the combined cycle phase reaching 179 MW in the first quarter of the same year. Construction of the second phase, covering an additional 171 MW, is proceeding on schedule, according to the statement.
Following integration with the national transmission system and completion of testing and commissioning procedures, the plant will gradually ramp up production in stages.
In addition to enhancing regional energy capacity, the project is expected to contribute to local employment, infrastructure development, and long-term economic cooperation between Türkiye and Ghana.
"Africa is one of the most strategic regions where Aksa Enerji showcases its engineering strength, technical expertise, and operational capabilities on a global scale," Aksa Enerji Chairman and CEO Cemil Kazanci said. He pointed to the earlier commissioning of the company’s Tema plant, also located in Ghana, with 370 MW installed capacity, completed in just 9.5 months, as a turning point in the firm’s regional expansion.
"We are proud to elevate our achievements with the Kumasi investment. This integrated model, from financing to construction, from operations to maintenance, ensures not just a facility, but a long-term energy infrastructure and economic value for Ghana," Kazanci stated.
Founded in 1997, Aksa Enerji is a publicly traded company under Turkish conglomerate Kazanci Holding, operating 11 power plants across seven countries, with a total installed capacity exceeding 3,000 MW. The company generated ₺31.1 billion ($725.85 million) in revenue during the first nine months of 2025, recording a net profit of ₺2.4 billion.