Tag Archives: IPP

Alternative_Energies

Alternative solutions needed as S.Africa’s energy demand doubles by 2035

Alternative solutions needed as S.Africa’s energy demand doubles by 2035

With the country’s power demand expected to double in the next two decades, there is a great need to bring more clean power projects. In South Africa, one of the country’s largest financial institutions, Standard Bank, has been the financial backing to 14 operational renewable energy projects across the country, which are producing more than

No justification for electricity tariff hike – Stakeholders

Nigerians have been thrown into confusion over whose authority supersedes on the issue of electricity tariff increase. No sooner than President Muhammadu Buhari assured Nigerians that there will be no hike until supply improved significantly, the Nigerian Electricity Regulatory Commission, NERC, last week declared a new tariff regime effective from November 1. Stakeholders noted that

FG kicks against fixed electricity charges

The federal government has said the monthly fixed charges component of the electricity tariff collected from Nigerian consumers is not “a very good thing.” The permanent secretary of the ministry of power Godknows Igali stated this yesterday while addressing State House journalists after briefing President Muhammadu Buhari on the activities of the ministry. Igali also

Power-plants_

14MW Power to Become Available to Lagos as Two New IPPs Come on Stream

About 14.8 megawatts of electricity will be available for redistribution to Lagos in what is expected would have some positive impact on power supply within the state before the end of the year. This is coming as two additional Independent Power Plants (IPPs) with a combined capacity of 14.8 megawatts, being built by the Lagos

Chinedu-Nebo-Prof-Power-Minister-Nigeria

FG Approves $1.6bn For Power Transmission Upgrade

The minister of Power, Prof. Chinedu Nebo, has said that the National Economic Council has given approval for the disbursement of $1.6 billion for the enhancement of the nation’s electricity transmission network. Nebo said this to calm the fears entertained by a delegation of bankers’ forum which visited him in his office yesterday in Abuja.

Azura Edo IPP

Azura Power Plant to Serve as Template for Other IPPs

Following the signing of share subscription agreement with the management of Azura Power West Africa Limited for the construction of 1000 megawatts power plant, Edo State government on Friday said the project would create the template for the successful development of Independent Power Plants (IPPs) in the country. Igbinidu Inneh, executive director of Edo State Public-Private Partnership

Gas Challenge Harming IPPs in Nigeria

With over 100 licences already given to interested investors for independent power projects (IPPs) in the country, a major common challenge facing many of the IPPs is gas supply in a country likened to an island of oil sitting on an ocean of gas. Over 100 applications for IPPs are awaiting approval, the Nigerian Electricity

Bresson Partners Aggreko on 250 mw of Electricity

Bresson AS Nigerian Limited, one of Nigerian Pioneer Independent Power Producers has concluded plans with Emergency Power conglomerate Aggreko to bolster Nigeria Electricity Market with 250mw of electricity within the next nine months. The 250 mw would be broken into various stages of 10mw,15mw and 20 mw and this would deployed across industrial clusters in such place

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