President Bola Tinubu on Friday flagged off the Gwagwalada Independent Power Plant Project of the Nigerian National Petroleum Company Limited (NNPCL).<\/p>\n
It was learnt that the Power Project is a 1.350MW combined cycle power plant with auxiliaries and a balance of plant to be situated on 547 hectares of land already acquired at Gwagwalada, in the Federal Capital Territory (FCT), Abuja.<\/p>\n
The project is expected to generate between $ 700 and $ 800 million annually within the first ten years of operations.<\/p>\n
It was necessitated by the need to deliver gas towards additional power generation capacity in Nigeria. Gas supply to the plant shall be through the Ajaokuta- Kaduna-Kano (AKK) Gas Pipeline Project which is currently in the advanced stages of construction.<\/p>\n
Accordingly, the fuel requirements will be satisfied under a long-term Gas Sales, Purchase and Aggregation Agreement with Shell Petroleum Development Company Joint Venture (SPDC JV).<\/p>\n
The project consists of three power train blocks of 450MW each.<\/p>\n
Each block will include two General Electric GT13E2 gas turbine generators, two heat recovery steam generators, one steam turbine electric generator, one direct air-cooling condenser, a balance of plant equipment and a black start diesel generator.<\/p>\n
On completion, the project will generate an average of 10.3 million Megawatt hours of electricity per year for sale to the Nigerian Bulk Electricity Trading Plc (NBET).<\/p>\n
The sales of the generated power will be through Power Purchase Agreement with the NBET to distribution companies under long-term agreements and direct sales to major off-takers.<\/p>\n
China Machinery Engineering Corporation will construct the project under a turnkey Engineering, Procurement and Construction contract.<\/p>\n
The ground-breaking event was attended by the Group Chief Executive Officer of the NNPC Limited, Mele Kyari; the Permanent Secretary of the Ministry of Petroleum Resources, Gabriel Aduda and his counterpart in the FCT Olusade Adesola, among other top dignitaries in the private and public sectors.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
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