NNPC to invest US$15bn into 4000MW gas power plants
[Date: 23 Mar 2017 ]
Country : Nigeria
The Nigerian National Petroleum Corporation (NNPC) announced that it would invest around US$15bn to build gas-based power plants in the West African country, contributing 4,000MW over the next decade.
The NNPC said that three power plants would have a combined output capacity of 3100MW, and would be built in Abuja, Kaduna and Kano. This coincides with the Abuja-Kaduna-Kano (AKK) route of the gas pipeline which is currently under construction.
These two power plants collectively generate up to 1,000 megawatts and they are the most reliable and cheapest source of power to the national grid in Nigeria today,” Mohammed said.
Mohammed said in order to make up the 4,000 megawatts, plans were underway to build Okpai Phase 2, Obite and Agura power plants to boost power generation in the country.