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KEPCO Egbin Power Plant

Sector: Commercial • Location: Nigeria

Source: World Bank Group

Project
Active

The project consist of 1320MW Egbin power plant located in Nigeria. The plant has a dedicated pipeline, 330KVA transmission line and sub-stations and physical capacity to double to 2,640MW. The plant is in close proximity to the Lagos commercial center.

In March 2013, financial closure of this divestiture project was reached, as the Bureau of Public Enterprises (BPE) has sanctioned the 70 percent

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Project Information

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

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Participants

Sponsoring Agency

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Status

Original status

Active

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Email

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Description

Description

The project consist of 1320MW Egbin power plant located in Nigeria. The plant has a dedicated pipeline, 330KVA transmission line and sub-stations and physical capacity to double to 2,640MW. The plant is in close proximity to the Lagos commercial center. In March 2013, financial closure of this divestiture project was reached, as the Bureau of Public Enterprises (BPE) has sanctioned the 70 percent acquisition of state-owned Egbin Power Plant by KEPCO Energy Resources for the sum of $407.3 million. PHCN -> KEPCO

Original sub-sector

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Original Currency

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Original budget

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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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