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Power Plant at Sapele

June 30, 2014

Status : Active Phase : Execution Sector : Energy Location : Nigeria Facility type : Power Plant Scope : The plant at its initial stage has a projected installed capacity of 150 MW, and will be expanded to 500 megawatts at completion. Plant initial capacity is projected to cost approximately $200 million and would be funded on a project finance structure on a 70 per cent debt and 30 per cent equity basis. Latest Event : June 2014The Nigeria Bulk Electricity Trading Plc (NBET) has received from Nigerian Electricity Regulatory Commission (NERC), the names of Proton Energy amongst others who are being considered for power purchasing agreement licences. Next stage for the company was to send a PPA draft to the prospectors to which responses are expected.

Project completion date : 2015-12-31 12:00:00


Address : 8th Floor Bank of Industry Building Off Herbert Macaulay Way Central Business District FCT, Abuja

Country :Nigeria

Email :

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Source: TendersInfo (India)

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