Bui Power Authority Announces Double Profit, Strengthens Renewable Energy Drive at 2025 AGM

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**Bui Power Authority Announces Double Profit, Strengthens Renewable Energy Drive at 2025 AGM

The Bui Power Authority (BPA) has announced a net profit of $64.5 million for the 2024 financial year, nearly twice its projected target of \$33.6 million. The disclosure was made during the Authority’s 2025 Annual General Meeting (AGM) at its head office in Accra.

BPA delivered a total of 1,348 gigawatt-hours (GWh) of electricity to the National Interconnected Transmission System (NITS) in 2024, exceeding its 1,333GWh target. The Bui Hydro Plant accounted for 94.4% of this output, while the Bui Solar PV Plant and the Tsatsadu Micro Hydro Plant contributed the remainder.

In a speech on behalf of Board Chairman, Ambassador Kwadwo Nyamekye-Marfo, the Authority’s performance was described as “outstanding,” reflecting operational resilience and efficiency.

However, challenges persist. BPA continues to grapple with liquidity constraints due to debts owed by the Electricity Company of Ghana (ECG), alongside environmental threats such as illegal mining, uncontrolled farming activities, and recurring bushfires around its installations.

Acting CEO, Ing. Kow Eduakwa Sam, assured stakeholders of BPA’s continued focus on renewable energy expansion and innovation, particularly its Hydro-Solar-Hybrid projects. Both the Ministry of Energy and the State Interests and Governance Authority (SIGA) lauded the Authority’s achievements, urging it to adopt cutting-edge technologies such as battery energy storage systems while maintaining strict operational standards to support Ghana’s clean energy transition.

Further details on BPA’s 2024 performance can be found at www.buipower.com.