Hi-Limit group signs agreement with Power China NEW Corporation 

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Power China NEW Corporation 
Power China NEW Corporation 

Hi-Limit Group, developers of the One Village One Dam-IAREPE project has signed an agreement with Power China NWE Corporation for development of the renewable energy component of the One Village One Dam-IAREPE Project. 

A statement from the Hi- Limit Group copied to the Ghana News Agency said this brings to finality the signing of cooperation agreements to cover all four components of the project.
The agreement will enable the project to receive a USD$ 6.3 billion Financing from Chinese Development Banks within a three-year period.

Mr. Emmanuel Larbi who signed on behalf of Hi-Limit Group expressed gratitude to the Chinese Government for their continuous support to the project.
The One Village One Dam-IAREPE Project is expected to transform the agriculture and energy nexus of the five Northern Regions and Ghana’s economy at large.

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The Ghana news Agency (GNA) was established on March 5, 1957, i.e. on the eve of Ghana’s independence and charged with the “dissemination of truthful unbiased news”. It was the first news agency to be established in Sub-Saharan Africa. GNA was part of a comprehensive communication policy that sought to harness the information arm of the state to build a viable, united and cohesive nation-state. GNA has therefore been operating in the unique role of mobilizing the citizens for nation building, economic and social development, national unity and integration.

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