Upcoming Power Projects in Nigeria Outlined by New Report
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News - March 30, 2023

Upcoming Power Projects in Nigeria Outlined by New Report

The March 2023 Energy and Utilities Africa Outlook recent report has outlined major upcoming power projects in Nigeria.

According to the report, these projects are either hydropower, transmission, or natural gas based. It also stated the major sources of power generation in Africa which includes coal, gas, hydropower and oil.

The report also stated that in Africa’s journey to reach its net zero carbon emission targets, the continent has a strong appetite for conventional fuels with natural fuels identified by many African governments as a vital “transition fuel”.

Nigeria is currently battling the usage of 4000 to 5ooo megawatts (MW) of power for both households and businesses. This has resulted in the common usage of alternative sources like diesel and premium motor spirit for generators.

The report also stated that there are several projects outlines for 2023 and beyond which are;

Nigeria – Chad Power Interconnection

Project Nature –  Power Transmission

Location – West Africa

Project Stage – Planning

Cost – $700 million

Mambilla Hydropower Project

Project Nature – Hydropower

Location – Taraba, Nigeria

Project Stage – Awarded

Cost – $700 million

Zungeru Hydropower Plant

Project Nature – Hydropower

Location – Niger State, Nigeria

Project Stage – Construction

Cost – $1.5 billion

Makurdi Hydropower Plant

Project Nature – Upcoming

Location – Benue, Nigeria

Project Stage – Study

Cost  – $3.5 billion

Kebbi Solar Independent Power Plant

Project Nature – Utility-scale solar

Location – Kebbi state, Nigeria

Project Stage – Plan

Cost – $6 billion

Egbin Phase II Project

Project Nature – Natural gas-fired

Location – Lagos, Nigeria

Project Stage – Plan

Cost – $2 billion

Five Solar Plants in Nigeria 961 MW

Project Nature – Utility-scale solar 

Location – Nigeria

Project Stage – Ongoing

Cost – $1.5 billion

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