What is the latest status of the project “Afrinergia Power”?

The status recorded for “Afrinergia Power” is Active.

Who are the main government, EPC, and private stakeholders for “Afrinergia Power”?

Taiyo maps the stakeholders of “Afrinergia Power”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Afrinergia Power”?

Taiyo normalizes the budget of “Afrinergia Power” to USD 70000000.

Where can I verify the source and access all details for “Afrinergia Power”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/afrinergia-power-9287). Taiyo standardizes official data into a consistent, searchable project profile.

Afrinergia Power

Sector: Solar • Location: 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

Status: Prospective
Sector: Solar, Commercial, Power Generation (CCGT), Government
Location: Nigeria
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

5 Q

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

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

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.
Original sector	Energy
Budget

Location

Country

Nigeria

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Solar, Commercial, Power Generation (CCGT), Government
Article published date	2024-09-27

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