NERC is­sues li­cence for Agip Ok­pai II power plant

Daily Trust - - NEWS -

The Nige­rian Elec­tric­ity Reg­u­la­tory Com­mis­sion (NERC) yes­ter­day is­sued a sec­ond li­cence to Nige­rian Agip Oil Com­pany (NAOC) to de­velop the phase II of its 40 megawatts (mw) Ok­pai power plant in Delta State.

NAOC Man­ag­ing Di­rec­tor, Mr. Mas­simo In­sulla while re­ceiv­ing the li­cence at NERC’s of­fice in Abuja that they are com­mit­ted to de­vel­op­ing the phase af­ter the Com­mis­sion’s Chair­man, Dr. Sam Amadi urged it to ex­pand its fa­cil­ity.

A state­ment from the NERC me­dia head, Dr. Us­man Arabi said the re­quest from Dr. Amadi was based on the premise that Agip would not have gas sup­ply chal­lenge, be­ing an oil pro­duc­ing com­pany.

Ok­pai plant started op­er­a­tions on April 1, 2005 and has since be­ing de­liv­er­ing 480mw to the na­tional grid.

As a joint ven­ture in­vest­ment of the NNPC, Agip, Philips Oil Com­pany Lim­ited, its Power Pur­chase Agree­ment (PPA) was signed on July 24, 2001 with the de­funct Na­tional Elec­tric Power Author­ity (NEPA).

In­sulla while as­sur­ing on its readi­ness to in­vest said, “We are ready for the sec­ond phase. Agip is com­mit­ted to work­ing in com­pli­ance with NERC rules and reg­u­la­tions. We shall work with­out com­pro­mis­ing in­tegrity of the as­sets and in line with the rules and reg­u­la­tions.”

Is­su­ing the li­cence to NAOC, Amadi said, “We know Agip can de­liver more. You do not have gas prob­lem. We are look­ing for­ward to your de­liv­er­ing more power to the na­tional grid.”

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