The recent improvement in power supply across the country is being driven by sustained generation of 1,100 megawatts Egbin Power Plc, which produces one-third of the total power generated in Nigeria.
According to a report by the News Agency of Nigeria (NAN), Egbin’s current generation capacity, which hit the 1,100MW mark in July, has been responsible for the recent significant improvement in power supply to homes and businesses in Nigeria.
The report also noted that Egbin Power’s resurgent capacity was largely due to continuing investment and revamp of the plant by its new owners, Sahara Power Group and the Korea Electric Power Corporation (KEPCO), examining that prior to the privatisation of the plant in Nov. 2013, Egbin averaged generation of below 500MW due to the dismal state of its six units, with only two of the six units operational at the plant’s lowest point.
The power plant located in Ikorodu, Lagos, last hit the 1,000MW mark for barely 2 hours eight years ago.
According to Mr. Dallas Peavey, Chief Executive Officer, Egbin Power Plc, the transformation in Egbin commenced after 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 innovation, 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 1320MW,” 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.
Peavey explained that Egbin’s new management has its sights on a clear roadmap for consistent retooling and re-positioning of the company to conform to the latest technology and ensure optimal performance.
“In 2014, 107 young Nigerian graduate engineers were recruited into our Graduate Engineering Program (GEP), a fast track manpower and developmental program for high potential individuals.