Azura Thermal Power Station

Azura Thermal Power Plant
Country Nigeria
Coordinates 06°25′46″N 05°26′51″E / 6.42944°N 5.44750°E / 6.42944; 5.44750Coordinates: 06°25′46″N 05°26′51″E / 6.42944°N 5.44750°E / 6.42944; 5.44750
Status Under Construction
Construction began 2014[1]
Commission date 2018 (Expected)
Thermal power station
Primary fuel Natural gas
Power generation
Nameplate capacity 1,500MW

Azura Thermal Power Station is a natural gas powered electricity generation plant, with a proposed capacity of 1,500 megawatts, under construction in Nigeria.[1] It is an IPP project, with the first phase already under construction.

Location

The power station is located near Benin City in Edo State, approximately 316 kilometres (196 mi), by road, east of Lagos, Nigeria's commercial capital.[2] This location lies approximately 445 kilometres (277 mi), by road, southwest of Abuja, the country's capital city.[3]

Overview

The project, first conceived under the Goodluck Jonathan administration,[1] has been endorsed by the new Muhammadu Buhari government.[4] Work on the project, initially started in 2014, had stalled due to disagreements between the funders and the Nigerian government. Those concerns were resolved and work resumed in 2015.[5]

The construction costs for the power station are budgeted at US$900 million, via loans provided by a consortium of twenty international banks and equity finance institutions drawn from nine different countries. The power station is expected to come online in 2018.[6]

See also

References

  1. 1 2 3 Infrastructure (17 October 2014). "Construction starts on Nigeria's 'first privately-funded power plant'". London: Out-Law.com. Retrieved 24 December 2015.
  2. ↑ GFC (24 December 2015). "Road Distance Between Lagos And Benin City With Route Marker". Globefeed.com (GFC). Retrieved 24 December 2015.
  3. ↑ GFC (24 December 2015). "Road Distance Between Abuja And Benin City With Interactive Map". Globefeed.com (GFC). Retrieved 24 December 2015.
  4. ↑ Manala, Thabile (19 August 2015). "Gas To Power Nigeria's Energy Sector". CNBC Africa. Retrieved 24 December 2015.
  5. ↑ Sector News (23 September 2015). "Buhari finally grants guarantee for stalled Azura power project". Lagos: Advocaat Law Practice. Retrieved 24 December 2015.
  6. ↑ Olaniyi, Segun (24 August 2015). "Nigeria: Government Signs U.S.$237 Million World Bank Electricity Deal". The Guardian (Nigeria) via AllAfrica.com. Lagos. Retrieved 24 December 2015.
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