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    Akwa Ibom, firm sign 732MW power plant agreement


    May 26, 2022 - Punch, The (Nigeria)

     

      Patrick Odey

      Published 25 May 2022

      The Government of Akwa Ibom State has entered into a co-location and power production pact with the African Delta Power Limited to produce additional 366 megawatts to the existing 191megawatts of the state-owned Ibom power plant.

      The new deal indicates that the aggregate maximum capacity of the gas turbine generator units is capable of producing up to 732 megawatts

      This also means that Ibom Power will have to apply to the National Electricity Regulatory Commission for expansion to cover the expanded license. The company currently, has an on-grid license for 685MW.

      The agreement was sealed on Monday with the State Attorney General and Commissioner of Justice, Uko Udom (SAN) signing on behalf of the state government. The board Chairman of the Ibom Power plant, Engr Etido Inyang, and company secretary, Barr. Ime Asibong, signed for the Ibom plant.

      The CEO of African Delta, Jemeriah Oluwaseun, and Secretary, Christabel Nwagum, signed for the African Delta Power.

      During the ceremony, the Secretary to Akwa Ibom State Government and Chairman of the One-Stop Shop on Investment Committee, Dr. Emmanuel Ekuwem, said the agreement was "not an MOU but rather it is a step further, which has transited the MOU phase."

      He said the proposed power project was under the 'Power for All' initiative of Governor Udom Emmanuel, which was inaugurated about two years ago by the Vice President, Prof. Yemi Osinbajo.

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