Kogi power station
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The Kogi power station, also known as Itobe power station, is a proposed 1,200- to 2400-megawatt (MW) coal-fired plant in Nigeria.
Contents
Location
The map below shows the location of Kogi state, Nigeria, but not the exact location of the Kogi power station.
Background
The Nigeria Federal Government stated in July, 2012, that it was set to begin the survey for the construction of a 1,000 MW coal-fired power station in Kogi, as well as two others with a capacity of 1,000 MW in Enugu and Gombe states.[1]
It was also reported in 2012 that Zuma Energy Nigeria was planning to build a 1,200 megawatt coal-fired power station in Kogi.[2]
According to Zuma Energy, the company has acquired three coal mining licenses in Kogi.[3] Coal from the mine will be used for the Kogi power station, planned to be eight units of 150 MW.[4]
Construction is planned to begin in 2015, with a proposed operation date of 2018.[5]
In February 2015 the Nigerian Electricity Regulatory Commission amended and separated into four different parts the statutory license granted to Zuma Energy for the plant. NERC issued four different licenses to four Special Purpose Vehicles (SPVs): Itobe 1, 2, 3 and 4 Coal Power Plant Limited. All the companies are still under Zuma Energy, however they will each build 300MW capacities coal plants within a defined timeframe and separately negotiate Power Purchase Agreements (PPAs) and tariff rates with the Nigerian Bulk Electricity Trading and NERC.[6]
In September 2015 Zuma Energy signed a Power Purchase Agreement (PPA) with the Nigeria Bulk Electricity Trading (NBET) Company to begin Itobe 1 (2 x 150MW), at an estimated cost of US $1.2 billion. Construction is planned to begin in 2016, and be completed in 2019-2020.[7]
In April 2016 ETA-Zuma said it would construct the first phase of 300 MW, and that construction works would start before the end of 2016.[8]
In March 2017 the chairman of Eta-Zuma said the company needed US$6 billion from investors to actualize the project.[9][10]
In March 2018 it was reported that PowerChina had recently signed an MoU with the Kogi State Government for a 2400 MW coal plant in Kogi, as well as a 600 MW hydro-powered plant. A site was being identified for the plants.[11]
Project Details
- Sponsor: Itobe Coal Power Plant Limited
- Parent company: ETA-Zuma Energy
- Location: Itobe, Kogi state, Nigeria
- Coordinates: 7.5477, 7.3094 (location of Kogi state)
- Status: Permitted (Phase I), Announced (Phase II)
- Gross Capacity: 1,200 MW (Phase I, Units 1-8: 150 MW), Phase II: 1200 MW[11]
- Type: Subcritical
- Start date: 2019-2020 (Units 1-2)
- Coal Type:
- Coal Source: Domestic (Okaba and Ogbogbo coal mines)
- Source of financing:
Articles and resources
References
- ↑ Ejiofor Alike, "FG to Begin Survey for 3,000mw Coal Power Stations," This Day Live, July 18, 2012.
- ↑ "Zuma Energy invests $3bn in Kogi-based Plant to Generate 1,600 Megawatts," Kogi Reports, March 19, 2012.
- ↑ "Zuma 828 Coal Ltd," Zuma Energy website, accessed August 2014.
- ↑ "Zuma Energy," Zuma website, accessed August 2014.
- ↑ " Largest coal power project to begin 2015," Daily Trust, 21 August 2014
- ↑ "NERC Separates Zuma’s Licence for 1200MW Coal Power Plant into Four," This Day Live, 16 Feb 2015
- ↑ "Zuma, NBET Sign $12bn Agreement To Build Coal Plan," Leadership, Sep. 8, 2015
- ↑ "ETA-ZUMA PLANS 300 MW COAL-FIRED PLANT IN NIGERIA," Business Journal, Apr 30, 2016
- ↑ "N1.9trn required for 1200mw Itobe coal plant," Daily Trsut, Mar 7, 2017
- ↑ "Nigeria: coal mining firm claims stake in electricity supply," ESI Africa, 7 March 2017
- ↑ 11.0 11.1 "PowerChina, Kogi Partner on 3000MW Coal, Hydro Power Projects," Nigeria Electricity, March 7, 2018
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