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Ghana: USD 235 million arbitration award over the Teshie plant

Ghana: USD 235 million arbitration award over the Teshie plant

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On 17 September, an International Chamber of Commerce (ICC) tribunal ordered Ghana Water to pay about USD 235 million. The dispute concerned the termination of the water purchase agreement for the Teshie desalination plant. Interest accrues from 1 April 2026, and Ghana Water's counterclaims were largely dismissed. Under a state guarantee, the Republic of Ghana is also liable. The plant has been idle since October 2025. The award was announced by Cox, majority owner of the project company.

Teshie shows what an idle plant costs when contract and operation drift apart.

Source: MyJoyOnline

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