OANDO Gas and Power (OGP), a subsidiary of Oando Plc and the Lagos State Government have completed the construction of a N3.2 billion Independent Power Project (IPP) in Alausa, Ikeja area of Lagos State.

The project, which is a 10.34Mega Watt dual fired power plant has already been slated for commissioning on Thursday in a bid to vastly improve the provision of power to the state secretariat complex in Lagos.

The natural gas fired plant is expected to significantly assist in the reduction of emissions that emanate from the more than 70 diesel generators that are currently in use within the Lagos State Secretariat area of Lagos.

The Lagos State Government had said that consistent and reliable power supply to the secretariat would increase the functionality and efficacy of its employees, which it described as key to the progression of the state.

OGP said in a statement yesterday that the Alausa IPP is the second successful project of such profile for Oando, following the Akute Power Limited’s 12.15 Megawatts power plant, which was commissioned to improve electricity supply to the Lagos State Water Corporation.

The statement said: “Oando has identified the need for IPPs as a welcome resolution to Nigeria’s crippling power problem, and is implementing a strategic framework which earmarks the development of critical infrastructure to harness the vast natural gas resources in Nigeria to accelerate industrialization, economic well-being, and value creation for relevant stakeholders.

“It is estimated that the entire secretariat requires an average of 4.0 megawatts; 5.5MW during peak periods and about 0.5MW during off peak periods. The disconnection of the Alausa secretariat complex from the PHCN grid will make additional electricity available to many residents in Lagos State, and the streetlights on the main Awolowo Road will be powered by the plant, thus enhancing security for road users at night.”

It added that with over N3.2 billion spent in the development of the plant, the project has provided employment to over 200 people from the construction period to commissioning, which is scheduled for October 17.

www.theguardianmobile.com/readNewsItem1.php?nid=18187

The federal govt spent
Aso Rock disclosed at the weekend that its power intervention contracts to the National Integrated Power Projects (NIPP) contractors were worth $8 billion.

Chief Executive Officer (CEO) of the Niger Delta Power Holding Company of Nigeria (NDPHC), James Olotu, who disclosed this during the commissioning of a transmission facility in Ayobo area of Lagos, said the contracts are to guarantee 4,774 megawatts of electricity.

The contracts, according to him, cover 10 power stations, gas pipelines, hundreds of thousands of transmission lines and other supporting equipment and services.

The Federal Government had voted this amount for the NIPP which began in 2006 and was earlier scheduled to be completed in 2009.

In the framework of the projects, several power stations will be built.

They include the Ihovbor Power Station, Benin in Edo State, with capacity of 4 x 125mw, Calabar Power Station in Cross River State, with capacity of 5 x 125mw, Egbema Power Station in Imo State, with capacity of 3 x 125mw, Gbarain Power Station in Yenagoa, Bayelsa State, with capacity of 2 x 125mw, and Sapele Power Station in Delta State, with the capacity of 4 x 125mw.
http://dailyindependentnig.com/2012/09/nipp-fg-awards-n8b-contracts-for-4774mw/

doing the calculations for comparism we find out that the FG with its attendant inflation of contract sums is shockingly more prudent than the Lagos state govt.

the FG spent $8bn for 4774MW of electricty at its 10power plant.

$8 Billion = N1.28t @ N160 to $1

Fg spent 260million per mega watt fashola spent 400 million per MW

hence some clever individual made away with 140 million per MW of electricity generated in lagos

Shame on them, the rich get richer

OP, May God deliver us from these APC criminals. 3.2 billion naira just to generate 10MW for Alausa secretariat? And these are the same vagabonds who play politics by accusing FG of not generating 40,000MW like South Africa. Gradually these rogues keep exposing themselves. Nigerian's will soon realise that PDP are learners in corruption when compared with these Alausa and Bourdilion criminals.

jazzydee: doing the calculations for comparism we find out that the FG with its attendant inflation of contract sums is shockingly more prudent than the Lagos state govt.

the FG spent $8bn for 4774MW of electricty at its 10power plant.

$8 Billion = N1.28t @ N160 to $1

Fg spent 260million per mega watt fashola spent 400 million per MW

hence some clever individual made away with 140 million per MW of electricity generated in lagos

Lets assume you are 40 years old now, do you now eat 40 X the quantity of food u ate when you were 1 year old?
I don't expect you to know the correlation now.

What do you expect from Thief Fashola and his mafia-party?

Corruption is Alive and well in Alausa. you need not look further than this! 400million for 1MW of power.

Fashole and Tinubu are both richer than Lagos State, thanks to looting, fraud and oath of secrecy from public officials.

based on this calculation, Nigeria has enough money to run solar power system

Tinubu and fashole's collabo

FreeGlobe: Fashole and Tinubu are both richer than Lagos State, thanks to looting, fraud and oath of secrecy from public officials.

otuocha otu kworokwo ocha, otuocha eh ! I thought you're an APC card member? You can now see what Ngige would introduce in Anambra if given the chance to govern us again. Say no to Asoociation Political Criminals APC. Lagos Oni ba Thives O

@Afam,doonu biko wee jere anyi isiokwu a n'iru oche ka umuwa were anyi ha kiri Ngige na ndi otu ya o

But I learn that the more the quantity the lower the price

APC = Association of Progressive Criminals

All Progrethieves Criminals!!
With 1billion naira per 1KM road contracts, these rogues remain Nigeria's worst thieves at the moment. That their Bourdilion frog-eyed godfather would have pocketed 1.5 billion from tha amount.

Unfortunately,you won't see their goons here.
I pity APC states,those states are being financially drained badly.

Viewing this topic: Sunny_bobo(m), solomon111(m), ateke2(m), taharqa, gregg2, Willy2willy
(Go Up)


The APC goons are avoiding this thread like a plague.

Sunny_bobo:
Viewing this topic: Sunny_bobo(m), solomon111(m), ateke2(m), taharqa, gregg2, Willy2willy
(Go Up)


The APC goons are avoiding this thread like a plague.

what do you expect from evil men

I saw Gbawe and Garri here a while ago but to my surprise they left no comment

abes:

Lets assume you are 40 years old now, do you now eat 40 X the quantity of food u ate when you were 1 year old?
I don't expect you to know the correlation now.

lmao..

The OP is obviously another sad and pathetic WAEC reject.

Seriously
The owner of this website need to get to grips with his property.
Allowing these primitive government propagandist to pollute this forum is seriously damaging the reputation of nairaland.
This post ought to be transferred straight to the trash bin.
How do you compare a van to a truck in terms of capacity to cost ratio?
How do you compare a train to a truck using the same measure?
Have you compared the cost to similar project elsewhere?
The mods need to raise their game.
TOO MANY STUPIDDS AROUND.

gramci: Tinubu and fashole's collabo

Deadly collabo, this collabo will score 20 goals as Super eagles centre forwards at next year's world cup in Brazil, I hope Keshi is watching.

bloggernaija: Seriously
The owner of this website need to get to grips with his property.
Allowing these primitive government propagandist to pollute this forum is seriously damaging the reputation of nairaland.
This post ought to be transferred straight to the trash bin.
How do you compare a van to a truck in terms of capacity to cost ratio?
How do you compare a train to a truck using the same measure?
Have you compared the cost to similar project elsewhere?
The mods need to raise their game.
TOO MANY STUPIDDS AROUND.

because it does not agree with your APC propaganda hence it should be trashed? did fashola not spend 3.2Bnaira on 10MW of electricity and is that not equivalent to about 400million per MW?

those are facts and nothing malicious about it. we are just comparing it to what the FG did.

jazzydee:

because it does not agree with your APC propaganda hence it should be trashed? did fashola not spend 3.2Bnaira on 10MW of electricity and is that not equivalent to 400million per MW?

those are facts and nothing malicious about it. we are just compating it to what the FG did.

No its not its N320 million per MW which is quite close to 260 million and not bad especially considering economies of scale that the FG is enjoying. And the fact that the FG constructed a whole power plant not a small scale one which had to fit within the constraints of Lagos.

So stop being partial.

colinisation:

No its not its N320 million per MW which is quite close to 260 million and not bad especially considering economies of scale that the FG is enjoying. And the fact that the FG constructed a whole power plant not a small scale one which had to fit within the constraints of Lagos.

So stop being partial.

So the question is how much did fashola/tinubu pocket per MW of power generated?

jazzydee:

because it does not agree with your APC propaganda hence it should be trashed? did fashola not spend 3.2Bnaira on 10MW of electricity and is that not equivalent to 400million per MW?

those are facts and nothing malicious about it. we are just compating comparing it to what the FG did.

Comparing apples with oranges = Facts? Only in dullard land, no wonder you are a dullard GEJ supporter...

I home you are not the sharpest knife in your village because if so, your village don kputa be that...

jazzydee:

So the question is how much did fashola/tinubu pocket per MW of power generated?

Look at this clueless olodo.

So, you still don't know how much was pocketed per MW, but you've showed us your idiotic numbers and cost comparisons per MW you called facts?

Shouldn't your silly and irrelevant facts give you the exact pocketed amount based on your goofy apples and oranges rubbish?

Or you just don't trust your own stupidity and ignorance..

Sometimes I worry about you people's mental stability..

bloggernaija: Seriously
The owner of this website need to get to grips with his property.
Allowing these primitive government propagandist to pollute this forum is seriously damaging the reputation of nairaland.
This post ought to be transferred straight to the trash bin.
How do you compare a van to a truck in terms of capacity to cost ratio?
How do you compare a train to a truck using the same measure?
Have you compared the cost to similar project elsewhere?
The mods need to raise their game.
TOO MANY STUPIDDS AROUND.

I totally agree. They say extremely laughable and ignorant garbage one is almost embarrassed to correct them because doing so exposes the half-baked education offered in Nigeria to the extent so many, with no clue about power generation, can rush in to talk so ignorantly. Almost like a carpenter pretending he has the knowledge to critique the work of a brain surgeon.

The sad thing is that non of these ignoramuses have any affiliation with the power generation sector yet crass feudalism and clannishness leads them to abandon caution to now say things that confirms they lack the ability to think critically or even effectively. The forum can see below , from the talk of informed stakeholders, cost estimation that puts issues in perspective for even a child. Any sensible person would know that cost can vary greatly and always best, especially when you are not an expert, to see a specific and detailed breakdown on cost before speaking conclusively since doing anything else would amount to making an ignorant and ll-informed conclusion.

Oando, on behalf of Lagos, built a 10.34 MW plant built at N3.2 billion i.e $20 million. Below, an involved contributor confirms he worked on a 10 MW plant that cost $125 million i.e £103 million more than the cost of the 10.34 MW plant Oando built. I really despair for Nigeria. We shout and brag a lot but the sad truth is that a lot of Nigerians, demonstrated day in day out on Nairaland, cannot even think in a reasonably effective manner. Absolutely tragic. Why can some not keep their mouth shut over things they know zilch about? It even appear as if the person who asked the question below is Nigerian. If so then I praise him/her. At least they are trying to become informed instead of the compromised ignoramuses here who, with zero knowledge of the sector, have all suddenly become power generation expert authoritatively knowledgeable about what generating plant must or must not cost.

http://answers.yahoo.com/question/index?qid=20130410073744AAXYSSP

How much does it cost to build a 40 MW Electricity power plant?
9ja asked 6 months ago
Follow Watchlist



Sorry, you've reached your daily answering limit. Unfortunately you can only answer 0 questions per day.

Best AnswerVoter's Choice

oil field trash answered 6 months ago
Below are to articles on the subject.
Source:
http://www.sourcewatch.org/index.php?tit...

http://www.fas.org/sgp/crs/misc/RL34746....
Rate Comment
Other Answers (4)Oldest

Ray;mond answered 6 months ago
$8,000,000 is very optimistic, but might be possible in China. Some possible types are gas turbine, nuclear or coal fired. Pollution regulations affect the cost considerably, and you pay extra for low liability, high reliability, highly automated, rare repairs, high efficiency, and long life expectancy. You could easily pay $8,000,000 for the land that the plant is built on, and another $8,000,000 for the power lines to connect to the customers. Neil
1 Comment

RossK answered 6 months ago
It is highly variable, depending on type of power plant, whether coal, natural gas, nuclear, etc, and the location. A figure I have seen over the last few years is roughly $4 / watt of installed power, which would make a 40 MW plant cost $160 million. But I recently worked on a defense department power plant project with a cost of $125 M for a 10 MW diesel fired power plant (or $12.5 / watt) so costs vary considerably.

The attached link states that coal fired plants cost roughly $3100 / kW or $3.10 per watt, but that is 2008 costs and probably for large plants of about a 1000 MW. There is significant economy of scale in power plant construction.
Source(s):
www.synapse-energy.com/...07.0.Coal-Plan..

bloggernaija: Seriously
The owner of this website need to get to grips with his property.
Allowing these primitive government propagandist to pollute this forum is seriously damaging the reputation of nairaland.
This post ought to be transferred straight to the trash bin.
How do you compare a van to a truck in terms of capacity to cost ratio?
How do you compare a train to a truck using the same measure?
Have you compared the cost to similar project elsewhere?
The mods need to raise their game.
TOO MANY STUPIDDS AROUND.

I totally agree. They say extremely laughable and ignorant garbage one is almost embarrassed to correct them because doing so exposes the half-baked education offered in Nigeria to the extent so many, with no clue about power generation, can rush in to talk so ignorantly. Almost like a carpenter pretending he has the knowledge to critique the work of a brain surgeon.

The sad thing is that non of these ignoramuses have any affiliation with the power generation sector yet crass feudalism and clannishness leads them to abandon caution to now say things that confirms they lack the ability to think critically or even effectively. The forum can see below , from the talk of informed stakeholders, cost estimation that puts issues in perspective for even a child. Any sensible person would know that cost can vary greatly and always best, especially when you are not an expert, to see a specific and detailed breakdown on cost before speaking conclusively since doing anything else would amount to making an ignorant and ll-informed conclusion.

Oando, on behalf of Lagos, built a 10.34 MW plant built at N3.2 billion i.e $20 million. Below, an involved contributor confirms he worked on a 10 MW plant that cost $125 million i.e £105 million more than the cost of the 10.34 MW plant Oando built. I really despair for Nigeria. We shout and brag a lot but the sad truth is that a lot of Nigerians, demonstrated day in day out on Nairaland, cannot even think in a reasonably effective manner. Absolutely tragic. Why can some not keep their mouth shut over things they know zilch about? It even appear as if the person who asked the question below is Nigerian. If so then I praise him/her. At least they are trying to become informed instead of the compromised ignoramuses here who, with zero knowledge of the sector, have all suddenly become power generation expert authoritatively knowledgeable about what generating plant must or must not cost never mind the many variables that can skew cost markedly .

http://answers.yahoo.com/question/index?qid=20130410073744AAXYSSP

How much does it cost to build a 40 MW Electricity power plant?
9ja asked 6 months ago
Follow Watchlist



Sorry, you've reached your daily answering limit. Unfortunately you can only answer 0 questions per day.

Best AnswerVoter's Choice

oil field trash answered 6 months ago
Below are to articles on the subject.
Source:
http://www.sourcewatch.org/index.php?tit...

http://www.fas.org/sgp/crs/misc/RL34746....
Rate Comment
Other Answers (4)Oldest

Ray;mond answered 6 months ago
$8,000,000 is very optimistic, but might be possible in China. Some possible types are gas turbine, nuclear or coal fired. Pollution regulations affect the cost considerably, and you pay extra for low liability, high reliability, highly automated, rare repairs, high efficiency, and long life expectancy. You could easily pay $8,000,000 for the land that the plant is built on, and another $8,000,000 for the power lines to connect to the customers. Neil
1 Comment

RossK answered 6 months ago
It is highly variable, depending on type of power plant, whether coal, natural gas, nuclear, etc, and the location. A figure I have seen over the last few years is roughly $4 / watt of installed power, which would make a 40 MW plant cost $160 million. But I recently worked on a defense department power plant project with a cost of $125 M for a 10 MW diesel fired power plant (or $12.5 / watt) so costs vary considerably.

The attached link states that coal fired plants cost roughly $3100 / kW or $3.10 per watt, but that is 2008 costs and probably for large plants of about a 1000 MW. There is significant economy of scale in power plant construction.
Source(s):
www.synapse-energy.com/...07.0.Coal-Plan..

@op, the FG did not spend 260 million per mega watt. They spent far less than that. Please do your calculation again. The FG's $8 billion is for both generation, thousands of kilometers of transmission lines, distribution and installation of a lot of sub stations and even transformers all over the country. Please dont even compare it to the fraud going on in Lagos.

theoctopus: @op, the FG did not spend 260 million per mega watt. They spent far less than that. Please do your calculation again. The FG's $8 billion is for both generation, thousands of kilometers of transmission lines, distribution and installation of a lot of sub stations and even transformers all over the country. Please dont even compare it to the fraud going on in Lagos.

Is it not even a shame that with all the rubbish your jokers keep spewing about your MW and billions, no household, street, bridge, hospitals, public buildings is guaranteed power supply and even not uninterrupted power supply.

On the other hand, the 3 power plants in Lagos even at 10 x over budget guarantees our public buildings and infrastructures 24/7 power supply, it means our hospitals and operating rooms are not functioning in darkness or with the torchlight.

Your rubbish $8 billion MW nonsense can not give our hospitals or any of our infrastructures uninterrupted power supply so STFU abeg..

Sadly for you, your MWs and billions of dollars is of no use to the average Nigeria, it's the same waste and fraud we've been experiencing since independence.

We generated more more in 2007 than what's available today so kindly shove your billion dollar.

Useless villagers..smh