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Afrinergia Power

Sector: Government • Location: Nassarawa, Nigeria

Source: World Bank Group

Project
Active

The project entails the development and operation of a 50 MW solar PV plant in Onyi, Kokona Local Government Area of Nasarawa. The project is being undertaken by Afrinergia Power Ltd. as a sponsor and supported by AEE Power as EPC contractor. The plant will generate 114.56 GWh per year and will be connected to the national grid through the Keffi-Akwanga section of the 132-kV Karu-Keffi-Akwanga na

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Project Information

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The project “Afrinergia Power” is an infrastructure initiative in the Government sector, located in Nassarawa, Nigeria. Taiyo aggregates data on it from World Bank Group.

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Participants

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Status

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active

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Description

Description

The project entails the development and operation of a 50 MW solar PV plant in Onyi, Kokona Local Government Area of Nasarawa. The project is being undertaken by Afrinergia Power Ltd. as a sponsor and supported by AEE Power as EPC contractor. The plant will generate 114.56 GWh per year and will be connected to the national grid through the Keffi-Akwanga section of the 132-kV Karu-Keffi-Akwanga national grid. In June 2016, power purchase agreement (PPAs) was signed between the sponsor and the Nigerian Bulk Electricity Trading Plc (NBET). This is a greenfield project initiated on a BOO modality. Total investment cost was reported at $70 million with financial closure having reached in November 4th, 2017. Financial information regarding debt and equity is not available.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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