LAGOS STATE GOVERNMENT COMMISSIONS 8.8MW MAINLAND POWER INDEPENDENT POWER PROJECT OPERATED BY CET POWER
CET Power commissions Power Plant at Sierra Rutile’s Mining Facility, Sierra Leone
July 22, 2016
The Mainland IPP will also provide uninterrupted Public Street Lighting with total coverage area of more than 20 kilometres, including, but not limited to, the following locations: Old Secretariat lighting; Ikeja Flyover; Mobolaji Bank-Anthony Way; Agege Motor Road; Ikorodu Road (Jibowu to Maryland); Palm Avenue (Mushin); GRA Ikeja, etc.
The financing and deployment of the power generation assets comprised in the Power Plant, as well as the installation and technical commissioning of the Power Plant were performed by CET Power on behalf of Mainland Power Ltd, which is a subsidiary of CET Power.
CET Power also has the overall technical responsibility for the implementation of the IPP, and this responsibility includes the operation and maintenance of the power plant over the next 10 years.
This partnership between the Lagos State Government and Mainland Power Ltd is governed by a 10-year Power Purchase Agreement (PPA), with a provision for the transfer of ownership of the power generation and distribution assets to the Lagos State Government after 10 years. The transfer package also provides for the training of Lagos State Government personnel on a continuing basis towards the acquisition of the requisite skills and capacities for assuming the responsibility for the operation and maintenance of the power plant upon the relevant point in time in the future.
Speaking at the Event, the Lagos State Governor commended CET Power for providing a Power Plant which boasts of modern state-of-the art engineering technologies and strongly advocated that with such proven track record of excellence and reliability in the power generation industry, CET Power should play a more central role in boosting the nation’s Power generation capacity.
The Managing Director of CET Power, Mr. Obiora Nwizu in presenting an Overview of the Mainland Power Project stated that the Plant’s installed capacity of 8.8MW is categorized into 5.8MW of natural gas fired generators providing the primary power, and 3MW driven by diesel fired generators, providing standby capacity. The standby capacity shall supply critical/priority load centres in events of gas supply outage, which have been limited, historically.
Further, he stated that the power plant is equipped with a high-tech Supervisory Control and Data Acquisition (SCADA) and Load Management system to ensure optimal plant efficiency as well as world-class fire-fighting equipment designed to manage any fire incidents, no matter how major.
He also assured Lagos State Government of CET Power’s capability to deploy within the shortest possible time, additional Power Generation Capacity in excess of 25MW if required by the State.
The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi who was represented by Dr. Uche Okoh described the Power Plant as symbolic of the future of electricity generation in Nigeria wherein competent stakeholders would make viable augmentations to the country’s generation capacities.
The Governor later undertook a guided tour of the Independent Power Plant alongside some of the dignitaries that included the members of the State Executive Council notably, the Deputy Governor, Hon (Mrs) Adejoke Orelope–Adefulire, Commissioner for Works and Infrastructure, Dr Obafemi Hamzat and his Environment counterpart, Mr Tunji Bello and other Dignataries.
Various stakeholders in attendance also affirmed their support and commended the Public Private Partnership (PPP) Initiative that birthed the Project.
