Fed Govt reviews 1,350mw project’s EIA panel

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The Federal Government has reviewed the panel on the Environmental Impact Assessment (EIA) of the 1350megawatt (Mw) project of the  Nigerian National Petroleum Corporation  (NNPC), Ag, Group General Manager, Group Public Affairs Division, Mr. Samson Makoji said in a statement  yesterday.

The Minister of Environment, Mr. Muhammad Mahmud commended the corporation on the proposed Abuja 1350Mw Independent Power Plant project aimed at boosting electricity supply in parts of the nation.

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Speaking at the panel review meeting in Abuja, he said the project is critical to the Federal Governmment given its numerous potentials to improve the power situation in parts of the country, while assuring his Ministry’s support towards ensuring actualisation of the project.

“Let me use this opportunity to commend the management of Gas and Power Investment Company and by extension, the NNPC for this wonderful initiative. Certainly, this project is one of the critical infrastructures that the Federal Government is making judicious efforts to embrace,” the minister said.

Repreented by Engr. Celestine Gomwalk, he said the Ministry, through the newly constituted EIA Panel, would ensure that only decisions that are of mutual benefits to all stakeholders would be considered, pointing out that the essence of the exercise was to guarantee sustainability of the power project.

In his presentation, the Abuja Independent Power Plant Project Manager, Engr. Benjamin Adah, said part of the objectives of the project was to diversify and monetise NNPC gas revenue stream through power generation.

Adah said it was an initiative that would assist in reducing the current gas flare in the country.

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He said the project would leverage on the existing huge natural gas resources from the NNPC Upstream and the proposed Ajaokuta-Kaduna-Kano (AKK) Gas pipeline to boost the nation’s revenue base and generate employment opportunities for the youth.

The Project Manager informed that besides generating 1350MW into the national grid, the project would help to decongest the over-voltage on transmission network coming from closely located power generating companies in the gas producing areas.

He said the project which would sit on a 54.7 hectares of land in the Gwagwalada area of the Federal Capital Territory would be co-financed by the NNPC and its strategic partner, GE/CMEC, with a combination of debt-equity sharing ratio of 70per cent:30 per cent.

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