₦airaland Forum

Genesis Energy Limited and the Nigerian National Petroleum Company Limited have announced plans to supply excess power generated from the Port Harcourt Refining Company to the national grid.

The partnership, unveiled during an official visit by the Minister of Power, Chief Adebayo Adelabu, to Genesis Energy’s operational site within the Port Harcourt Refinery in Eleme, Rivers State, is aimed at improving grid stability, expanding electricity access, and advancing Nigeria’s energy transition goals.

Genesis Energy said in a statement that it operates the nation’s largest licensed private off-grid clean power plant, an 84-megawatt facility that supplies sustainable energy to the Port Harcourt refinery, which is currently dormant due to an ongoing technical review.

Recall that the power minister has recently lamented that Nigeria had over 10,000 megawatts of power locked in idle plants across the nation.

According to Adelabu, the Port Harcourt refinery could only use 20 MW out of its current capacity, leaving over 60 MW stranded.

Under the new arrangement, Genesis Energy and NNPC will work together to channel the refinery’s excess or stranded power to the national grid in line with the Federal Government’s Power Sector Reform and Energy Transition Agenda.

Speaking during the visit, Adelabu commended Genesis Energy’s operational excellence and reaffirmed the Federal Government’s support for private-sector investment in the power industry.

“We have over 10 gigawatts of stranded generation capacity in Nigeria today. We have energy being generated or capacity being installed all over the country that cannot be evacuated because of transmission and distribution bottlenecks,” the minister said.

He added, “We are ready to do everything possible to attract investors to support us so that industries, businesses, and households can have uninterrupted, functional, and reliable electricity. This collaboration will serve as proof of concept for integrating excess capacity into the national grid and could lead to an additional 120 megawatts once the pilot phase is concluded.”

Adelabu further assured that the government would fast-track transmission infrastructure and commercial arrangements to enable seamless evacuation of power from the facility to the grid.

The Chairman and Chief Executive Officer of Genesis Energy Group, Mr Akinwole Omoboriowo, said the partnership with NNPC underscored the company’s commitment to leveraging clean energy solutions for national development.

“At Genesis Energy, we remain committed to powering progress through strategic partnerships that strengthen Nigeria’s energy infrastructure and expand access to reliable power. This collaboration with NNPC Ltd. exemplifies pragmatic innovation, leveraging existing assets to expand energy access, enhance refinery productivity, and contribute to national development,” Omoboriowo stated.

He added that the initiative would create jobs, support industries, and power local communities, while reinforcing Nigeria’s journey toward a cleaner and more sustainable energy future.

Genesis Energy said it would continue to work with the Federal Government, financiers, and other stakeholders to promote industrial growth, advance the just energy transition, and strengthen national grid reliability.

“The 84 MW off-grid independent power plant operated by Genesis Energy, located within the Port Harcourt Refining Company, stands as the nation’s largest licensed private off-grid clean power plant and the company’s pioneering clean energy investments in the country.

”The facility, powered by three GE TM2500+ gas turbines, supplies uninterrupted, sustainable power directly to the refinery, improving operational efficiency, strengthening local energy security, and reducing dependence on diesel and grid instability. The PHRC IPP also exemplifies how gas-to-power acts as a strategic enabler for renewable energy deployment, with every 1 MW of gas-to-power capacity creating potential for up to 2 MWp of solar power investment, thereby supporting Nigeria’s Just Energy Transition and climate resilience agenda,” the statement added.

DMerciful:
Why is NNPC still existing?

NNPC should be dissolved because it's a cesspit of corruption!

Princecalm:
Jul 29, 2015

The Nigerian National Petroleum Corporation has announced that the Port Harcourt and Warri refineries have been successfully re-streamed after a nine-month rehabilitation exercise conducted by its in-house engineers and technicians.

The corporation, in a statement, noted that both plants commenced preliminary production of petroleum products after successful test-runs, adding that while PHRC was ramping up its operation to about 60 per cent of its 210,000 barrels per day capacity, WRPC production was projected to hit 80 per cent of its installed 125,000bpd capacity.

The NNPC said the Port Harcourt refinery was projected to boost the nation’s local refining capacity with a product yield of five million litres of petrol per day, while Warri refinery would contribute 3.5 million litres of petrol.

Providing insight into the rehabilitation exercise, the NNPC noted that it had to adopt the phased rehabilitation strategy after the Original Refinery Builders, who were initially contacted for the project came up with unfavorable terms.

It said, “Though a decision was taken in 2011 to rehabilitate all the refineries using the ORB of each of the refineries, we were impelled to switch strategy after the ORBs declined participation and nominated some partners in their stead who came up with outrageously unfavorable terms.”

The NNPC stated that the nominated partners, as sole-bidders, came up with humongous price offers after two years of thorough and exhaustive scope of work definition and price negotiations.

It added that the proxies were also unwilling to provide post rehabilitation performance guarantees.

The corporation said, “The phased rehabilitation strategy which entailed phased and simultaneous rehabilitation of all the refineries using in-house and locally available resources in line with the spirit and letter of the Nigerian Content Law, also involved the use of Original Equipment Manufacturer representatives to effect major equipment overhaul and rehabilitation.”

The national oil firm said the phased rehabilitation programme, which started in October 2014 after the required funding stream was established, created a 70 per cent reduction in costs which helped largely in mitigating the financing challenges of refinery rehabilitation.

It observed that with the successful re-streaming of the PHRC and WRPC, attention has now moved to the 110,000 barrels per day Kaduna Refining and Petrochemicals Company which was billed to come on stream soon.

http://www.punchng.com/news/pharcourt-warri-refineries-commence-preliminary-operations-nnpc/

xtivin:
Ajaokuta steel has 110mwa locked and so many like that, a case of misplaced priorities. We ask u to produce PMS u Dey give us light😂😂😂

Jomonix:
So does it mean that they have given up on the refinery altogether? That is after billions were spent to rehabilitate the refinery.

gare:
ALSCON in Ikot Abasi, has 750mw whats is 50mw, that alone can power the whole of south south

CzarChris:
https://punchng.com/nnpc-to-feed-pharcourt-refinerys-stranded-power-to-grid/

portacabin:
Alscon actually has 450 mw

atobs4real:
Is NNPCL still active?
I thought they have joined dangote staff

atobs4real:
Is NNPCL still active?
I thought they have joined dangote staff.
😂🤣😂😂🤣

xtivin:
Ajaokuta steel has 110mwa locked and so many like that, a case of misplaced priorities. We ask u to produce PMS u Dey give us light😂😂😂

Caseless:
The countries where they produce PMS, they don't use light?