In the event of your browser not printing on one page
please set your printer orientation to landscape

Powergen Electrotex Nigeria 2008

Opportunities are Plentiful in Nigeria’s
Power Supply Industry

---- as a whole new source of fast-track funding is being opened up for the unbundled and ready -for-launch power sector.

The African Development Bank estimated in 2004 that Nigeria’s installed capacity was 5.900MW. In 2005 a new power holding company was created; the industry being unbundled into a series of six different generation companies, eleven distributor businesses and a single HV transmission company serving them all.

The previous administration of President Obasanjo set a target to build capacity to 10,000MW. Now the new Government under President Umaru Musa Yar'Adua is talking of doubling this figure by 2011; with a particular push taking place within their inaugural year of office to reach 8500 MW.

President Umaru Musa Yar'Adua states:
“Development of the country’s power and energy sector is going to be the focal point of my administration’s economic strategy in the immediate future”.

Construction work is taking place on a dozen mains – connected plants right now and potential new IPPs are queuing to join in because they know they will be able to sell profitably every single kWh they can produce. Despite this, no-one expects output to match demand for 10 years or more so the requirement for standby generators for both replacement and first off-sales will continue to grow fast. In addition Nigeria is home to many of the 250-million people that the World Bank’s Lighting Africa programme is planned to benefit through the introduction of new technologies. Many international supply companies are already expressing an interest in this. And because Nigeria is so large and its economy is so buoyant the country is seen as one of the most obvious national markets to target.

Nigeria has the will, the money and the platform to get the power sector moving.

• Here for Floor Plan
• Here for contract
• Here for Costs
• Here for previous statistics
• Here for information pack
  
  

Powergen Electrotex Nigeria is a joint venture with  FSG Ltd

(Powergen-electrotex website here)