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NERC Issues Oma Power 1, 080MW On-Grid License For Power Generation

20.03.15 - 10

The Chairman/Chief Executive of the Nigerian Electricity Regulatory Commission, Dr Sam Amadi on Friday, 20th March, 2015 issued an on-grid 1,080 MW generation licence to Oma Power Generation Company Limited.


The gas-fired power plant will be located at Orgwu-Ogwe, Ukwa West, in Abia state.
The ceremony took place at the Commission's Headquarters and in attendance were the Commissioner, Legal Licensing and Enforcement, Dr Steven Andzenge and Mary Awolokun, who is heading the Engineering division as well as the company's delegation led by the Director, Business Development and Project Finance, Tim Onomiwu.
Dr Amadi described the granting of the 1080MW capacity licence as an ambitious project'' It is an ambitious venture, but doable'' Amadi said.
Egbin Power, which is located in Lagos, is the first generation company in history to have been issued a licence of such magnitude. It will also be recalled that the Commission recently issued licence to Zuma Energy Nigeria Limited, to operate a combined 1,200MW coal power plant in Itobe, Kogi state.
Oma Power Director, Business Development, Tim Onomiwu assured the Commission that the licence terms will be adhered to. He said that the company's development partners, namely GE and Geometrics are at the stage of negotiating project agreement and finances and that the plant will be built in three phases.

 

Dr. Usman Abba Arabi - Head, Public Affairs Department
email: uabbaarabi@nercng.org
mfaloseyi@nercng.org
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