Ibom Power Company Limited plans to expand on its current investment by building a 500MW power plant in addition to its current 190MW.


Speaking to Energy Editors in Uyo, Akwa Ibom State, at the weekend, the power firm’s Managing Director, Engr Meyen Etukudo, said the licence acquired was for 685MW and had been renewed until 2028

He stated that one of the challenges confronting the power plant was its host Disco’s inability to absorb the amount of power generated.

He stated that this is a giant leap that has not been recorded anywhere in the country, and that the government of Akwa State Ibom is the first to record such feat.

He stated that Governor Emmanuel Udom made the decision not to wait for the Federal Government to invest in the project through TCN because it would go a long way toward resolving the power supply challenges that industries in the state face.

He stated that the State Government’s gesture was also intended to ensure that schools and hospitals have uninterrupted power supply, and that it was regrettable that the State Government was doing all of this on its own, with no assistance from anywhere.

He claimed that if the Governor had all the powers, he would have done far more to transform the country’s electricity sector, claiming that the Federal Government’s 40% stake in the Port Harcourt Electricity Distribution Company has prevented him from making the desired investment in that regard.

Etukudo stated that Akwa Ibom is fortunate not to have faced gas challenges, stating that the gas pipeline laid to Ibom Power is sufficient to take approximately 400 million standard cubic feet of gas (scuf), which is sufficient to cover phase two of the 500MW power plant.



Concerning debt, he stated that the power plant has not received 30% of its invoice from Nigerian Bulk Electricity Trader since he took over in 2016. (NBET).

Currently, he claims that NBET’s debt to Ibom Power is in the billions of Naira, and that if it invoices N1 billion, it only receives about N300 million in payment.

SOURCE:https://brandspurng.com/2022/01/25/ibom-power-is-planning-a-500mw-power-plant/

Akwa Ibom seems to be doing it's best to be industrial hub of the nation. Kudos to the government of the State

This would not be a smart move for the state please as it would not unpack the state in anyway ...all those power would still have to go through the national grid ..and they give u what they want


My solution

Best plan is to build a gas pipeline network round your state ... enough to power 50 15mw power plants ..

.then build then group your cities into zones with consumption capacity of 10 to 15 MW

Then build multiple 15MW gas turbine say you build 20 that's 300MW ...but the idea here is you don't need to transmit power 15MW or below to the national grid ...so akwa ibomite would enjoy that 300 to 500 MW completely on their own

But if u build a single power plan of 500MW ...the max federal government would give you is 70MW

My take tho

Lalasticlala