Aksa Enerji has signed a 5 year power purchase agreement (PPA) with Republic of Ghana for installation of a 370MW power plant, electricity generation and the guaranteed sale of this energy.
As per this agreement, Aksa Enerji will sell the electricity generated in full to Ghana with purchase guarantee and at the total price stated in the agreement in US Dollars via long term power purchase agreement (PPA).
As the signed agreement is US Dollar based, it will be naturally immune to FX volatility and losses.
