THISDAY

NNPC/Agip JV to Increase Power Generation by 480MW

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The Nigerian National Petroleum Corporatio­n (NNPC) and the Nigerian Agip Oil Company (NAOC) Joint Venture are set to boost the Federal Government power generation aspiration by 480 megawatts (MW) through the completion of their Okpai Phase II Independen­t Power Project (IPP) slated for 2019.

This was disclosed in Abuja recently during the inaugurati­on of the Okpai Phase II power project by the Group Managing Director of NNPC, Dr. Maikanti Kachalla Baru.

Speaking at the event, Baru said all partners were working round the clock to deliver on the project in terms of specificat­ions, time and budget.

He said the decision by the partners to embark on the second phase of the Okpai power project was hinged on the enormous success of Okpai Phase I, which he described as the most consistent power plant in the country.

“Although it (Okpai Phase I) was meant to generate 450MW into the national grid, it is now generating an average of 300MW due to evacuation challenge. This is a significan­t addition to the national grid,” he said.

He said the Okpai Phase II project, on completion, would generate additional 480MW into the national grid.

He charged the 12-man committee to work hard and explore the possibilit­y of delivering the project ahead of the 2019 target date, stressing that the project was very critical to the nation’s power aspiration­s.

The GMD also urged the JV partners to sustain the march towards transformi­ng into an Independen­t JV in keeping with the Presidenti­al approval.

Earlier, the Managing Director of NAOC, Mr. Massimo Insula, who was represente­d by Mr. Luca Bai, said everything had been put in place to ensure that the Okpai Phase II Project was delivered on schedule.

In his remarks, Deputy CEO of Oando, Mr. Omamofe Boyo, said his company was committed to sustaining the successes recorded in Phase I of the project, assuring that they would work with other partners to ensure prompt and timely delivery of the project.

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