868MW Geregu Power Plants For Commissioning Soon
Minister of Power, Prof. Chinedu Nebo, has said that the Geregu 1 and 11 Independent Power Plants (IPPs) built by Siemens Nigeria, with a combined capacity of 868 megawatts (MW) will soon be commissioned.
He disclosed this while speaking yesterday in Abuja at a power development forum jointly organised by the ministry of power and Siemens, Nigeria.
While noting that Siemens has been a committed partner with significant contributions to the growth of the power sector, Nebo informed that “they built the 434MW Geregu I power plant and 434MW Geregu II plant which will be commissioned very soon. They are also the strategic force behind the 450 MW Azura –Edo power plant.”
Nebo stated that the collaborative effort with Siemens was intended to stimulate project development efforts by the private sector that will impact positively on the development of power sector infrastructures.
In his remarks, the chief executive officer of Siemens Nigeria, Michael Lakota, maintained that the future and success of Nigeria’s power sector lies in the giant strides which green field independent power production will deliver in the coming years.
Speaking on the side-lines of the forum, the Chairman of the Independent Power Producers Association, Prof. Jerry Gana, pointed out that the issue of policy consistency was crucial to IPPs.
He however, disclosed that there were still critical issues which need to be addressed such as gas delivery to new power and means of transporting equipment to site.
He said “lots of new power stations coming on stream have gas supply issues; you have to wait for about four years before you can get gas to come to your plant. Not that we don’t have gas, but producing and transporting it to the plants is the problem.
“Second is guarantee for payment, an investor will want to be assured that he is going to be paid for power produced and not to be owed. We are hoping that prepaid meters will be installed so that the money can be recouped. We are also hoping that the railways and inland waterways will work to move equipment to site because we can’t move some of the equipment by road.”