General Electric (NYSE: GE) has signed a memorandum of understanding (MoU) with the Ghana government to build a 1000 MW power plant in Ghana.

“Under this MoU, GE will be facilitating the development, financing and technical partnership required for the implementation of an incremental 1000 MW of power in collaboration with the government of Ghana over the next five years,” the Ghanaian Energy Ministry said on its website June 18, 2013.

The statement additionally explained that GE and partners plan to establish a comprehensive training programme for the power plant managers and technicians to ensure the appropriate level of skills transfer to local engineers and technicians upon completion.

This will be in addition to another hydro electric power plant, the $980m 400 MW Bui Dam which is under construction and should be completed by the end of 2013.

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