Opportunities in the Nigerian Power Sector
by the Federal Government hence, the
Introduction
To
meet
the
targets
set
out
in
the
programme Vision 20:2020; the Federal
need for private investment.
Government of Nigeria has set a generating
Generation
The National Council on Privatisation (NCP)
target of 40,000 MW. Moreover, to reach this
and the Bureau of Public Enterprise (BPE) on
relatively
require
behalf of the Federal Government have
investments in power generating capacity
placed an advert for by core investors to
alone will require at least USD$35 billion i.e.
express their interest in the thermal power
investing US$3.5 billion over a period of 10
stations and as concessionaires for the
years and an additional US$15 billion will be
hydro power stations through International
required in the other parts of the supply
Competitive Bidding (ICB).
chain i.e. fuel-to-power infrastructure, and
Transactions will include:
the
modest
power
ambition
transmission
will
and
distribution
Ughelli Power Plc in Delta Area with
networks. This comes to a total expected
capacity of 972 MW
investment in the power sector to USD$50
billion
capacity of 414 MW
over
conservative
the
next
estimates.
10
years
These
using
required
investments will not be funded and directed
Geregu Power Plc in Kogi State with
Afam Power Plc in River State with
capacity of 776 MW
Sapele Power Plc in Sapele, Delta State
with capacity of 1020 MW
the network infrastructure.
Distribution
Transmission
The
Government's
target
to
raise
transmission capacity from 330kv to 700kv is being aggressively pursued as it has made investment in the expansion, reliability and stability of
of
USD
$3.5
billion
for
construction of a 700kv super transmission grid that would enable power generation companies to transmit more than
Introduction
To
meet
the
targets
set
out
in
the
programme Vision 20:2020; the Federal
need for private investment.
Government of Nigeria has set a generating
Generation
The National Council on Privatisation (NCP)
target of 40,000 MW. Moreover, to reach this
and the Bureau of Public Enterprise (BPE) on
relatively
require
behalf of the Federal Government have
investments in power generating capacity
placed an advert for by core investors to
alone will require at least USD$35 billion i.e.
express their interest in the thermal power
investing US$3.5 billion over a period of 10
stations and as concessionaires for the
years and an additional US$15 billion will be
hydro power stations through International
required in the other parts of the supply
Competitive Bidding (ICB).
chain i.e. fuel-to-power infrastructure, and
Transactions will include:
the
modest
power
ambition
transmission
will
and
distribution
Ughelli Power Plc in Delta Area with
networks. This comes to a total expected
capacity of 972 MW
investment in the power sector to USD$50
billion
capacity of 414 MW
over
conservative
the
next
estimates.
10
years
These
using
required
investments will not be funded and directed
Geregu Power Plc in Kogi State with
Afam Power Plc in River State with
capacity of 776 MW
Sapele Power Plc in Sapele, Delta State
with capacity of 1020 MW
the network infrastructure.
Distribution
Transmission
The
Government's
target
to
raise
transmission capacity from 330kv to 700kv is being aggressively pursued as it has made investment in the expansion, reliability and stability of
of
USD
$3.5
billion
for
construction of a 700kv super transmission grid that would enable power generation companies to transmit more than