Private Sector Alternative To NEPA: Aba Power Project

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Nairaland Forum  |  General | Welcome  |  Money (Moderators: FOD, naijacutee)  |  Private Sector Alternative To NEPA: Aba Power Project
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Author Topic: Private Sector Alternative To NEPA: Aba Power Project  (Read 978 views)
Seun (m)
Private Sector Alternative To NEPA: Aba Power Project
« on: May 29, 2006, 12:39 PM »

A company known as Geometric Power Limited has commenced construction of a model power plant In Aba, powered by Natural gas.  Apart from electric power generation, they are also going to be involved in the "transmission and distribution of power to industrial clusters, commercial entities and the general public in Nigeria and sub-Saharan African countries."

Quote
The average annual power supply in Aba is currently at 20% of its total demand! The quality of power supply to industries is inadequate to meet their needs hence most businesses rely on privately generated power to run their machines and industrial equipment at very high costs. GPL's goal is to provide reliable, affordable and efficient power supply to all its customers, especially the industrial clusters at Aba whose productivity and viability have been drastically affected over several years by the inadequacy of the public power supply system from Nigerian Electric Power Authority (NEPA).

This new power plant with a minimum installed capacity of 120MW being built by Geometric Power Limited is strategically located in Aba, the commercial capital city of Abia State, South Eastern part of Nigeria . Aba is convenient for this first industry-centered independent power plant because it already has gas pipeline and it has large cluster of sustainable industries that need reliable electric power. Several industries are poised to expand production capacity, and those which have shutdown because of power supply problems are expected to come back on stream after the completion of this power plant.

The plant is designed to provide a model for the emergence of high reliability in power supply especially for the industrial sector, and to drive positive economic growth in Nigeria and trade within Sub-Saharan Africa. This privately owned power plant in Nigeria will serve the industrial and commercial customers, as well as residences.
samm (m)
Re: Private Sector Alternative To NEPA: Aba Power Project
« #1 on: May 29, 2006, 01:20 PM »

I have been following this project for quite a while now but they are yet to release any kind of time schedule.  The plan is plausible; let's just hope it is actualized.
Seun (m)
Re: Private Sector Alternative To NEPA: Aba Power Project
« #2 on: May 29, 2006, 01:38 PM »

Investors, you are encouraged to take the issue of power generation and distrbution very seriously.  There's a high demand for reliable electricity minus the cost of buying and maintaining a power generator. Higher prices are ok.
samm (m)
Aba Power Plant for Completion 2007
« #3 on: June 01, 2006, 05:31 PM »

The new 140 megawatts electricity plant being constructed by Geometric power Limited for Aba town and its environs would be ready by September 2007.

rest of the story here:
http://allafrica.com/stories/200606010271.html


Aba and it's industries will greatly benefit from this.  It will also set the trend for Power Generation Investment with the successful completion of this project. 
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