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Friday, July 17, 2015
Power generation at Nigeria’s largest electricity generation plant, the Egbin Power station, has soared above 1,000 MW, according to Egbin Power Plc chairman, Kola Adesina
Adesina in a statement said the achievement follows the continuous investment and upgrade activities on the plant by the owners, Sahara Power Group and Korea Electric Power Corp. (KEPCO).
This is the second time the plant has hit and maintained the 1,000 MW mark, the first being eight years ago. Adesina said this milestone shows the success of the privatization process and power sector reform in Nigeria.
According to Dallas Peavey, the company’s CEO, the transformation in Egbin commenced following its acquisition by Kepco Energy Resource Limited (KERL), in collaboration with its technical partners, Korea Electric Power Corporation (KEPCO).
“Through the injection of close to N50 billion in new capital into Egbin post privatization, 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 220 MW to the national grid and restoring the power plant to its installed capacity of 1,320 MW,” he said.
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