GE to deliver 500MW power projects By Q2
12 February 2023 |
3:53 am
American energy firm, GE Gas Power has announced plans to invest in power assets that would deliver close to 500 megawatts (MW) of additional power into the national electricity grid by the second quarter of this year.
American energy firm, GE Gas Power has announced plans to invest in power assets that would deliver close to 500 megawatts (MW) of additional power into the national electricity grid by the second quarter of this year.
The firm, which focuses on providing equipment, solutions, and services across the energy value chain, from generation to consumption, said that it has three new projects that would deliver close to 500mw.
The firm listed them as the 240MW Afam III power plant in Port Harcourt, the 50MW Maiduguri project with the Nigerian National Petroleum Company Limited (NNPC), and another 50MW project for the Dangote Group to support its cement and refinery plants, among others.
The President and Chief Executive Officer, GE Nigeria, Mohammed Mijindadi, disclosed this in Lagos during a roundtable session with journalists, with the topic, “Powering the Future of Energy in Nigeria with GE,” noting that 2023 is an exciting year for the company.
“With regards to new projects, we actually do have three new projects that would add close to 500mw. We’re working to complete the Afam III power plant in Port Harcourt. That project is 240mw.
“We’re hoping that by the end of this first quarter or early second quarter, that project should be done. That is an important project because when it goes into talking about what GE is doing, I think we have crafted that project as a way to reduce the pressure on the government from a balance sheet standpoint.
“There is a 50mw project that NNPC is working on, it’s an emergency project in Maiduguri, that should also be completed hopefully by the end of the first quarter or early second quarter. And then, there is a project in Dangote Industries to support their cement and refinery projects, it also about 50mw. So, we have three projects in active construction that should be done by the second quarter of this year,” Mijindadi said.
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