By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The High Street Journal
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
The High Street JournalThe High Street Journal
Search
  • HOME
  • BUSINESS & ECONOMY
  • NEWS & UPDATES
  • WORK & CAREERS
    • THSJ Resources
  • LEGAL INSIGHTS
  • INNOVATION
  • OPINIONS
  • #STOPGALAMSEY
Follow US
© 2024 | The High Street Journal. All Rights Reserved.
Business & EconomyGlobal Perspectives & Leisure

Cameroon Finally Awards CFA176bn Limbe Gas Power Project to Sunon Asogli and China Energy

Cameroon has awarded the CFA176bn Limbe gas power project to Sunon Asogli and China Energy, ending decade-long delays and securing 350MW capacity to boost electricity supply

Cameroon Finally Awards CFA176bn Limbe Gas Power Project to Sunon Asogli and China Energy
Solomon Boakye
Aug 26, 2025

Cameroon has finally chosen its partners to develop the long-awaited Limbe combined-cycle gas-fired power plant, ending more than a decade of uncertainty over the project. After years of stalled talks and abandoned partnerships, the government last week announced that Sunon Asogli Power (Ghana) Ltd and the China Energy Engineering Corporation Ltd had been selected to build the 350-megawatt plant and associated infrastructure in the country’s southwest.

The decision closes a chapter that began as far back as 2014, when Cameroon signed a memorandum of understanding with the pan-African utility group Eranove to develop the same project. That agreement collapsed without progress, forcing the government back to the drawing board.

A fresh push came in May 2020, when the Ministry of Water and Energy launched a Restricted International Invitation to Tender for the construction of the plant.

Five international firms expressed interest, but by the August 2020 submission deadline, only four delivered complete bids. Over nearly two years of scrutiny, most were eliminated for non-compliant or incomplete offers. These included ACWA Power of the United Arab Emirates, Folder Energy Partners/China Machinery Engineering Corporation based in Douala, AKSA Enerji Uretim AS of Turkey, and the Power Construction Corporation of China.

By 2022, only the joint bid from Sunon Asogli Power and China Energy met the ministry’s technical and financial benchmarks. Scoring 81.7 points out of 100, the consortium was invited to pre-qualification dialogue. The government said their combined credentials, Sunon Asogli’s track record of operating successful gas-fired power plants in Ghana and China Energy’s engineering and project execution expertise, gave them a decisive edge.

READ ALSO

Ghana, Burkina Faso Pursue Trade Pact to Expand Industrial Cooperation and Cross-Border Commerce
Ghana’s 22 New Laws: Will They Reduce Business Risks and Investment Uncertainty?
GEXPO 2026 To Power Ghana’s Export Drive with Dedicated Export School at Black Star Square

Despite this progress, the project stalled again, largely due to protracted consultations on financial structuring, legal frameworks, and environmental assessments. Political and economic headwinds also played a role, delaying contract award.

The breakthrough finally came in August 2025, when the government formally confirmed the consortium’s selection. The project will be delivered as a public–private partnership at a cost of CFA 176 billion (about $312 million). The state will contribute CFA 26 billion (15%), while the private partners cover the balance. Construction is expected to begin before the end of 2025 and conclude by 2029, with gas supply to be guaranteed by the Société Nationale des Hydrocarbures (SNH).

The project is designed to supply 350 megawatts into Cameroon’s grid, easing chronic electricity shortages in the Southwest, Littoral, and West regions, which host much of the country’s industrial activity. With only about 2,000 MW of installed capacity today, Cameroon hopes the plant will be a step toward achieving its goal of 5,000 MW by 2030.

For Sunon Asogli, the project deepens its West African presence, while China Energy strengthens its growing African footprint. For Cameroon, the decision marks the end of a long and at times frustrating search for a credible partner, and the start of a crucial new phase in addressing the country’s persistent power deficit.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading…

Related

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Share This Article
Facebook Whatsapp Whatsapp LinkedIn Email
Previous Article 1.2B Youth to Join Labor Force in Developing Economies by 2035, But World Bank Asks: 'Where are the Jobs?' Why You May Have a Job, But Not Be Employed in Ghana — A Labour Economist’s Insight
Next Article Trump Moves to Oust Fed Governor Lisa Cook, Sparks Legal Clash Trump Moves to Oust Fed Governor Lisa Cook, Sparks Legal Clash
- Sponsored Content -
Ad imageAd image

LATEST NEWS

MTN Ghana’s GH¢15bn Revenue Growth Signals Expanding Digital Economy and Investment Push
News
German Embassy Wraps Up Nationwide Dialogues to Protect Communities from Climate
News
December in GH 2026 Targets Tourism Spending, Local Business Growth With 100 Events
News
Africa's Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Africa’s Urban Growth Is Outpacing Its Economic Transformation, World Bank Finds
Business & Economy
Ghana Targets Nine Job-Creating Sectors Under GH¢10 New Economy Policy
Business & Economy

You May Also Like

Kenkeynomics: GH¢3 Kenkey Stages a Comeback, But the GH¢7 Ball Faces Selection Crisis at Joints  

Same GH¢5, Smaller Kenkey: The Hidden Price Hike Changing How Ghanaians Pay For Food

Ghana’s Economic Turnaround: From Junk Status to Renewed Growth

Ghana’s Economic Turnaround: From Junk Status to Renewed Growth

Fraudulent And Inflated Passenger Claims Are Straining Airline Baggage Compensation Processes — Analyst

Delayed Airline Baggage Handling In Ghana Is Not Unique, Mirrors Global Processes — Aviation Analyst

Until NPLs Are Cut to 10%, Amending Lenders & Borrowers Act Could Be an Exercise in Futility – Dr. Atuahene

Addressing Ghana’s Gold Business ‘Losses’: Dr. Atuahene Makes 8 Strategic Recommendations to GoldBod

A Case of Faulty Meters or Quiet Tariff Build-Up? A Deeper Look at Recent Electricity Bill Agitations

ECG Network Woes at Korle-Bu Pushes Customers to Private Vendors Amid Tariff Hikes

Unlocking Ghana's Agricultural Potential: IFS Recommends Targeted Interventions for Growth

Unlocking Ghana’s Agricultural Potential: IFS Recommends Targeted Interventions for Growth

Harry Stacey Unable to Qualify for Next Round in Men’s 100 Metre Freestyle

Galamsey: Labour Leadership Eases Stance After Meeting with President Akufo-Addo; Next Steps Expected by Monday

The High Street Journal

About Us

Delivering focused and insightful business perspectives; impacting lives.

Email: [email protected]

Useful Links

  • About
  • AI Strategy & Policy
  • Advertise
  • User Policy
  • Be a Guest Author
  • Contact Us
  • Sitemap

Stay Connected

© 2026 | The High Street Journal. All Rights Reserved.

%d