The Nigerian Electricity Supply Industry Statistics (NESI) analysis reveals that the nation’s inability to utilize 6,000 MW of electricity represents a daily loss of N2.568 billion to the economy. The sum could have been used to upgrade infrastructure in the electricity sector, noted for being the biggest debtor to the nation’s banks.
The country lost N1.199 billion for not utilising about 2,498 MW of electricity on July 30th due to transmission and frequency management constraints.With regard to the idle plants, the 270MW capacity AES Barge IPP completed since 2001 is not operational, just as the 726 MW Afam IV-V Power Station completed in 1982 and 2002.
Calabar 561 MW and the Egbema 338 MW plants have been idle for almost five years after completion, as is the case with 225 MW-capacity Omoku II. The contract for the 215 MW Kaduna power project awarded in 2009 was to be completed within 36 months, but it is experiencing some delay.
The alternative power projects are not spared as the completion of the 10 MW Katsina Wind Plant has been stalled. The N4.4 billion project was awarded to a French company in 2010 and scheduled for completion in 2012, but it is still awaiting completion. Similarly, the 1,000 MW Enugu coal plant, the MoU of which was signed in September 2014 between the Ministry of Mines and Steel Development, and HTG-Pacific Energy at the cost of $3.7 billion is yet to take off.
Also, the $4 billion Delta State 2,500MW IPP which started since 2015 and was scheduled for completion within 13 months is yet to record significant progress. The 136 MW Trans-Amadi plant is not yet feeding the grid. Phase 1 consists of a 3 x 12 MW Solar Mars Gas Turbines commissioned in 2002, and Phase 2 consists of 4 x 25 MW Nuovo Pignone frame 5 Gas Turbines commissioned in 2009. Two of the Phase 2 turbines were procured in 2004, and the remaining two were purchased in 2005.
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