Mo­bil ac­quires li­cence for 575mw Eket Power plant

Daily Trust - - BUSINESS - By Si­mon Echewo­fun Sun­day

The power sec­tor has just re­ceived a boost with the is­suance of li­cence to Mo­bil Pro­duc­ing Nigeria Un­lim­ited to build a 575megawatt power sta­tion in Eket, Akwa Ibom State of Nigeria.

Ac­cord­ing to a state­ment is­sued by Head, Pub­lic Af­fairs Depart­ment of the Nige­rian Elec­tric­ity Reg­u­la­tory Com­mis­sion (NERC), Dr Us­man Abba Arabi, the li­cence was is­sued by the com­mis­sion af­ter all stip­u­lated re­quire­ments were met by the com­pany.

This de­vel­op­ment brings the num­ber of ma­jor oil com­pa­nies to three that are al­ready play­ing ma­jor roles in the elec­tric­ity in­dus­try in Nigeria.

Re­call that the com­mis­sion, last week is­sued an Em­bed­ded Gen­er­a­tion Li­cence to Yankari Power Com­pany Ltd of Bauchi State to com­mence a 35mw power gen­er­a­tion plant in the state.

How­ever, the two other oil com­pa­nies, Shell and Agip are al­ready con­tribut­ing 642 megawatts and 480 megawatts re­spec­tively to the na­tional grid.

The com­mis­sion’s Vice Chair­man, Muhammed Lawal Bello, ac­knowl­edged the sig­nif­i­cant stride taken by the com­pany and as­sured that, “NERC’s man­date is to en­sure avail­abil­ity and re­li­a­bil­ity of elec­tric­ity.’’

Chair­man/Man­ag­ing Di­rec­tor, Mo­bil Pro­duc­ing Nigeria Un­lim­ited, Mark Ward, de­scribed the oc­ca­sion as a mo­men­tous one that has been a long time com­ing and thanked NERC for the spirit of col­lab­o­ra­tion.

“The project pro­vides a unique op­por­tu­nity in the sense that there is ready fuel sup­ply and con­nec­tion to the grid,” he added.

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