The Federal Authorities is anticipating 1,268 megawatts of energy from the concession and growth of eight brown and inexperienced discipline hydropower initiatives constructed by way of public personal partnerships.
It was gathered that three of the ability initiatives had been already given to concessionaires, whereas the Federal Government Council had authorized the concession of one other of the ability initiatives.
In a February 2024 doc obtained from the Federal Ministry of Water Sources and Sanitation in Abuja on Friday by our correspondent, it was noticed that whereas three of the hydropower initiatives had been accomplished, the remaining 5 had been in numerous levels of completion.
The doc was offered to the Nationwide Council on Water Sources and Sanitation at its thirtieth common assembly by the Minister of Water Sources and Sanitation, Prof. Joseph Utsev.
The nation has been battling poor energy technology and provide, as electrical energy companies generate and distribute between 3,000MW and 4,000MW for a inhabitants of over 200 million folks.
The abysmal electrical energy provide state of affairs grew worse since January this yr after suppliers of gasoline to gas-fired thermal energy vegetation stopped supplying the product to the vegetation because of the $1.3bn debt of the electrical energy producing vegetation.
To ameliorate the disaster, the Federal Authorities has been investing in hydropower vegetation that don’t use gasoline, however are run by water-powered generators.
The water assets minister, within the newest presentation from his ministry, acknowledged that there had been large progress within the brown and inexperienced discipline hydropower growth by way of public personal partnerships.
“We’ve got conclusively concessioned some initiatives whereas nonetheless growing others by way of numerous PPP fashions itemised as follows: concession of the 40MW Dadinkowa Hydropower Venture in Gombe State. We’ve got attained monetary closure and the plant is operational, thereby, stabilising the transmission voltage of the North-East of Nigeria.
“Concession of the 30MW Gurara Hydropower Plant in Kaduna State as much as monetary closure and the plant, which is underneath rehabilitation will start industrial operation within the third quarter of the yr 2024.
“Concession of the 40MW Kashimbila Hydropower Plant in Taraba State. The Federal Government Council approval has been secured, the concession settlement executed and the graduation charge paid by the concessionaire to the particular concession account as authorized by the Federal Ministry of Finance Finances and Nationwide Planning,” Utsev mentioned.
Outlining different initiatives, the minister mentioned, “Improvement of 360MW Gurara Section II Hydropower Venture in Niger State (engineering, procurement and development contract awarded and FEC approval for the concession of operation and upkeep of the ability plant by way of PPP mannequin secured).
“Improvement of 136 MW Manya and 182MW Bawaku Hydropower Tasks in Taraba and Benue states respectively. That is on the procurement stage and able to proceed to the Request for Proposal stage.
“Improvement of 460MW Katsina-Ala Hydropower Venture in Benue. That is additionally on the procurement stage; continuing to the request for proposal stage/negotiation with the proponent.
“Improvement of 20MW Farin Ruwa Hydropower Plant Venture in Nasarawa State. Commercial of request for qualification has been positioned within the Federal Tenders Journal and nationwide newspapers for worth for cash to the federal government.”
Except for giving the ability vegetation to concessionaires, in a bid to develop the nation’s electrical energy output, the Federal Authorities had additionally been making efforts to promote some energy vegetation to lift funds and enhance energy manufacturing.
As an example, on January 24, 2024, it was completely reported that the Federal Authorities, by way of the Bureau of Public Enterprises, was finishing up transactions for the sale of 5 energy vegetation underneath the Nationwide Built-in Energy Tasks for about $1.15bn.
The report acknowledged that although sources accustomed to the event defined that the price of the vegetation ought to exceed $5bn primarily based on worldwide benchmarks, they revealed that the BPE was planning to promote the services at a worth that was just a little above $1.1bn
The performing Director-Normal, BPE, Ignatius Ayewoh, had confirmed to our correspondent in a short phone dialog that “the transaction is ongoing,” including that “it isn’t concluded”.
The BPE boss didn’t disclose the price for the 5 vegetation, as he acknowledged that he was in a gathering and wouldn’t be capable of give further particulars on the time.
Nevertheless, impeccable sources on the bureau had named the 5 energy vegetation to incorporate the 434 megawatts gas-fired Geregu II energy plant, positioned in Kogi; 451MW Omotosho II plant in Ondo; and 750MW Olorunshogo II plant in Ogun State.
Others embody the 563MW Odukpami energy plant in Calabar, Cross River State; and the 451MW Benin-Ihovbor plant in Edo State.
It was gathered that the Omotosho plant, which has 4 power-generating generators, can be offered at about $85m; whereas the Olorunsogo NIPP with additionally 4 generators would value $170m.
