Bui Power Authority Board reaffirms commitment to stronger performance in 2026
The Board of Directors of the Bui Power Authority, BPA, has reaffirmed its commitment to stronger governance, strategic direction and effective oversight as it seeks to improve the Authority’s performance and deliver greater value in 2026 and beyond.
The commitment comes on the back of a strong operational and financial performance in 2025, which the Board says provides a solid foundation for the Authority’s next phase of growth.
Speaking at BPA’s annual stakeholders meeting, Board member Alhaji Mohammed Kwaku Doku, who delivered the address of Board Chairman Ambassador Kwadwo Nyamekye-Marfo, said the Board would work closely with the Government and other stakeholders to sustain the Authority’s gains while advancing its strategic priorities.
“On behalf of the Authority’s Board of Directors, I reaffirm the Board’s commitment to the Government of Ghana and all stakeholders to provide strong governance, strategic direction and effective oversight to ensure that Bui Power Authority continues to enhance its performance and deliver greater value in 2026 and beyond.
The Board’s renewed commitment follows a strong financial performance in 2025, with BPA recording US$145.9 million in revenue from generation and a net profit of US$66.2 million.
That translated into a 45.4% net profit margin, significantly exceeding the Authority’s target of 20.5%.
The Board attributed the performance to improved operational and financial discipline, describing the results as evidence of the strength of BPA’s institutional framework.
“The Authority recorded a strong financial performance for the year under review, achieving USD145.9 million revenue from generation and net profit of USD66.2 million.”
“Consequently, the Authority achieved a Net Profit Margin of 45.4% against the target of 20.5%, underscoring the strength of its operational and financial discipline.”
Generation performance strengthens outlook
BPA’s financial gains were supported by stronger generation and improved asset management.
The Authority supplied 1,438 gigawatt-hours of electricity to the National Interconnected Transmission System, exceeding its annual target of 1,350 gigawatt-hours by 6.5%.
It also completed 96% of its scheduled maintenance programme, a performance the Board says contributed to the reliability and efficiency of its generation assets.
BPA further expanded its generation portfolio following the commissioning of a 50MWp solar PV plant and a 24MWh Battery Energy Storage System at the Bui Generating Station.
The Authority’s installed capacity now stands at 105MWp of solar PV and 404MW of hydro.
The Board says these gains demonstrate BPA’s resilience in an increasingly challenging operating environment and provide a platform for stronger performance in 2026.
Renewable energy to drive next phase of growth
A major component of BPA’s medium-term strategy will be the expansion of renewable energy capacity.
The Authority is advancing plans for a 50MWp solar PV facility at Yendi, while additional projects at the Bui Generating Station include 70MWp of land-based solar and 25MWp of floating solar PV capacity.
Under its medium-term development plan, BPA intends to develop 120MWp of solar PV capacity at Bui and operate and maintain a 50MWh Battery Energy Storage System.
It also plans to develop a further 500MWp of solar capacity across other sites in northern Ghana, supported by a 200MWh battery storage system.
The renewable-energy pipeline also includes a 60MW hydro plant on the Western Rivers and a 4MW run-of-river mini-hydro plant at Wli Falls.
The Board believes the investments will enable BPA to take on a larger role in Ghana’s energy transition while helping to diversify the country’s electricity generation mix.
For the Board, however, the challenge in 2026 will be to translate this pipeline into bankable, commercially sustainable projects while maintaining the operational and financial discipline that underpinned the Authority’s 2025 performance.
Illegal mining remains a key operational risk
BPA’s growth ambitions continue to face environmental and operational risks, particularly from illegal mining activities upstream of the Bui Dam.
The Board says illegal mining remains a threat to the Authority’s operations, environmental sustainability and the integrity of the ecosystem around the Bui enclave.
BPA is working with the National Security and Regional Security Councils to address the threat while monitoring its acquired lands to prevent environmental degradation.
“The menace of illegal mining activities upstream of the Bui Dam continues to pose a challenge to the Authority. However, the Authority continued to collaborate with the National Security and Regional Security Councils to combat these threats while undertaking a comprehensive monitoring of all BPA-acquired lands to prevent environmental degradation and maintain ecosystem integrity.”
The Authority has also maintained its Forest Resource Enhancement Programme, covering 1,484 acres of tree plantations, as part of efforts to protect the environment.
Its land policy and the Bui City Development Framework are also being used to promote sustainable use of land and lake resources and attract investment.
With a strong financial base, higher-than-targeted generation and an expanding renewable-energy portfolio, the Board says its focus for 2026 is to sustain the gains and position BPA for better value creation over the medium term.