Home Politics President approves New ‘IMPROVED’ Ameri deal by executive order

President approves New ‘IMPROVED’ Ameri deal by executive order

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President Nana Addo Dankwa Akufo-Addo has by executive order approved the renegotiated AMERI deal which is currently awaiting Parliamentary approval.

A statement by the President’s secretary, Nana Asante Bediatuo stated that the President of the Republic of Ghana has granted executive approval for the Novation and Amendment Agreement dated July 20, 2018 between (i) the Government of the Republic of Ghana represented by the Minister for Energy ( or his authorised representative), (ii) Volta River Authority(VRA), (iii) Africa and Middle East Resource Investment Group(AMERI ENERGY), (iv) Ameri Energy Power Equipment Trading LLC ( AMERI EQUIPMENT), (v) Power Projects Sanayi Insaat Ticanet Limited Sirketi (PPR), and (vi) Mytilineos International Trading Company AG (Mytilineos) , for operations and maintenance of the existing 250MW AMERI Thermal Plant at Aboadzi, for a period of 15 years.

The executive order comes amid the growing number of groups and individuals who have prayed to the government over the re-negotiated AMERI deal.