Project Showcase – Nigeria power sector: The Abuja Power Plant in Gwagwalada, Nigeria
The Nigeria power sector is ripe with opportunities as well as challenges. Inadequate generation capacity, transmission losses, and distribution inefficiencies contribute to an unreliable electricity supply. However, these factors also represent significant opportunities for local and global businesses. Government initiatives aim to improve the sector’s performance through privatization, renewable energy integration, and infrastructure upgrades.
One such initiative in the Nigeria power sector is the construction of the Abuja Power Plant in Gwagwalada, one of five local government areas of the Federal Capital Territory. With a cost of more than $1 billion, it is among the biggest power generation projects currently under construction in Nigeria. The 1,350 MW gas-fired plant aims to utilize domestic gas resources to cater to Nigeria’s ever-growing electricity demand. The plant will house three 450 MW General Electric (GE) turbines and is receiving funding from the United States Trade and Development Agency. The developer is the Nigerian National Petroleum Corporation (NNPC). The project started in August 2023 and is expected to be completed in early 2026.
If you would like to know more about projects in the Nigerian power sector, and where your company can participate in emerging opportunities, do not hesitate to explore our website www.abiq.io. Sign up for our Free Trial to see projects across a range of sectors, including infrastructure construction, building construction and many more.