Tinubu Commissions 350MW First Phase Of NNPC’s Power Project
President Bola Tinubu has commissioned the 350MW first phase of the Nigerian National Petroleum Company (NNPC) Limited’s Gwagwalada Independent Power Project (GIPP).
The Presidency said Tinubu commissioned the project on Friday and reaffirmed his administration’s commitment to strengthening the energy sector in Nigeria.
“This is in line with President Tinubu’s campaign promise to increase power generation beyond the current 12,000MW, address power value chain challenges, and remove all distribution bottlenecks,” the presidency said.
The GIPP project is led by NNPC Ltd in a joint venture with China Machinery and Engineering Corporation (CMEC) for the EPC, and General Electric (GE) for the Long Term Service Agreement.
It is designed to provide reliable electricity, strengthen Nigeria’s energy sector, and accelerate economic growth in the country.
The GIPP project will sit on an already acquired 54.7hectares of land in Gwagwalada, Abuja, and is one of the critical power generation projects along the Ajaokuta-Kaduna-Kano (AKK) gas pipeline corridor which is at 70% completion.
According to the presidency, AKK is Nigeria’s largest, ongoing domestic gas pipeline project till date.
The presidency disclosed that the 1,350 MW project is in phases and the first phase capacity is 350 MW which was launched by Tinubu on Friday.
According to the NNPCL, the project has the following characteristics: a combined cycle of three power train blocks of 4500 megawatts (MW) each and two gas turbines.
It includes two heat recovery and steam generators, one steam turbine and it can generate 10.3m MW per hour of electricity.
In April 2023, the NNPCL announced that the AKK gas pipeline was 70% complete, with $1.1 billion spent already.
The NNPCL Group Chief Executive Officer (GCEO), Mele Kyari, said that the AKK gas pipeline is one massive project which the company is running.
“It has immense value for Nigeria and its socio-economic growth. The project has not stopped for one day. We have continued to fund it despite the absence of third-party financing,” Kyari added.
“We have so far spent over $1.1 billion on this project from our cash flow. We are a commercial company today. We have inter-company laws within our company now.
“This company can fund this project, so we do not need any support to deliver this project now.”
