Power Barges Bring New Light To Lagos

Monday, July 23, 2001
Sections of Lagos will receive an unprecedented 22 hours of electricity daily starting next month due to a project by U.S. energy group AES Corp, the head of Nigeria's state power company said. National Electric Power Authority (NEPA) managing director Joseph Makoju said in an interview the added power generated by AES Barge Nigeria Ltd, the Nigerian subsidiary of AES, will allow NEPA to supply power almost around-the-clock to Lagos' industrial area Ikeja beginning August 1. Ikeja is home to Lagos state government buildings and companies. In June, the AES power-generating barges positioned next to the country's biggest power plant at Egbin near Lagos began injecting electricity into the national grid. Businesses will have to pay a surcharge of 4.50 naira ($4) per kilowatt hour (pkwh) in Lagos, and eight naira pkwh ($7.15) in Abuja, on top of the five naira pkwh ($4.50) tariff they are currently paying. "What we expect to offer is 24 hours everyday, but we don't want to push our luck too hard, so we are saying 22 hours for the surcharge to be effective," Makoju said. In addition to the 270 MW AES generating barge project at Egbin, Makoju said a 15MW project would be built to generate emergency power for Abuja, Nigeria's capital. "To be able to achieve this, we must have reserve capacity," Makoju said. "If our main supply (has) problems we can switch to the reserve capacity to maintain the guaranteed supply." Makoju said 13 companies out of the 16 that saw the tariff proposal have agreed to join the scheme. "Response in Abuja is very positive," Makoju said. "Now we are getting more applications and we are seriously considering expanding the project... it seems we can recover the investment if people are ready to pay that sort of surcharge." Makoju said once the AES barges generate their full 270 MW (currently AES generates 60 MW), NEPA will pay 750 million naira ($6 million) per month. AES already plans to expand the barge project to generate 330 MW and it is also planning a 800 MW extension to a power plant in the oil-rich Delta state and a 548 MW power plant in Agbara, near Lagos. NEPA has an installed capacity of 6,000 MW but is able to deliver barely a third of that, Makoju said. He said a recent survey showed Nigerian companies privately generate 3,000 MW because they can not rely on NEPA.
Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

Livanos Becomes Euronav Chairman

On 22 July 2014, the Board of Directors of Euronav NV unanimously appointed Peter G. Livanos as Chairman of the Board, with immediate effect in replacement of Marc

Scottish Independence Would Hurt Maritime Sector

A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1503 sec (7 req/sec)