Wednesday, 19 August 2015
Expdonaloaded News; Stakeholders laud Egbin power plant over 1,100mw generation
Stakeholders in the power sector have lauded the efforts of Egbin power plant in attaining over 1,100 mega watts of electricity.They, however, tasked the firm to re-double its efforts in ensuring that it goes beyond the current power generation to reap the gains of the power sector privatization
The development may have been responsible for the steady improvement in supply of electricity currently being witnessed, with the power generation plant producing about one-third of total power generated in the country.
Eight years ago, the plant hit the 1,000MW mark for barely two hours and never attained it again until now, according to the company.
Prior to the privatization of the plant in November 2013, the Egbin plant average generation was below 500MW due to the dismal state of its six units. At its lowest point, only two of the six units were operational.
The company’s Chief Executive Officer, Mr. Dallas Peavey, also said the transformation in Egbin commenced following its acquisition by KEPCO Energy Resource Limited, in collaboration with its technical partners, Korea Electric Power Corporation.
He said: “Through the injection of close to N50 billion in new capital into Egbin post-privatisation, the Sahara Power/KEPCO partnership has brought to the power plant an unprecedented level of innovativeness, professionalism, human capital development and continuing investment in new technology. The control room panels, installed at the plant’s inception, have been removed and upgraded to state of the art digital panels.
“The highlight of the main plant rehabilitation occurred in the first quarter of 2015, when the company successfully rehabilitated ST Unit 6, bringing an additional 220MW to the national grid and restoring the power plant to its installed capacity of 1,320MW,” he said.
With these developments, Egbin Power Plc is now equipped to generate power at its installed 1,320MW capacity, whilst the company is exploring expansion in power generation in a few years’ time to 2670MW and possibly, 10000MW in the next decade, if gas supply, transmission expansion and demand permits.
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