The Nigerian National Petroleum Corporation (NNPC) says it will establish 4,600 Mega Watts power plants in Abuja, Kaduna and Kano. A statement in Abuja by the NNPC spokesman, Mr Ndu Ughamadu, said this would be done through the recently-approved contract for the construction of Ajaokuta-Abuja-Kaduna-Kano Gas Pipeline project, dubbed AKK Pipeline. According to the statement, […]
Continue Reading
The Nigerian Government on Monday said it is expecting additional 1,119 Mega Watts from generating plants that will go on stream next year. At the moment the country generates about 7,000 Megawatts.. The Minster of Power, Works and Housing, Mr Babatunde Fashola, said this at the 22nd monthly meeting of stakeholders in the power sector […]
Continue Reading
The Federal Government of Nigeria, yesterday announced the signing of the World Bank Partial Risk Guarantees (PRGs) in support of the 450 megawatts Azura-Edo Independent Power Plant (IPP). The deal which was concluded on Friday, August 21, 2015, had as parties; the Federal Government represented by the Ministry of Finance and Nigerian Bulk Electricity Trading […]
Continue Reading
BY AYO OLOWO According to Punchng; Lafarge Africa Plc says its newly constructed 220-Mega Watts power plant at Ewekoro, Ogun State, will commence operation in October. The company, in a statement, said the project worth $400m (N78.8bn) was executed in partnership with the International Finance Corporation and Wartsila. It added that the IFC would provide […]
Continue Reading