The Sagamu Independent Power Plant is 400MW gas fired power project. It is planned in Ogun, Nigeria. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 400 | – | 400 | Permitting | Ogun, Nigeria | Sagamu Independent Power Plant |
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Description
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The project is being developed and currently owned by Sagamu Independent Power Plant.
It is a combined cycle gas turbine (ccgt) power plant. The fuel will be procured from Axxela Group.
The project cost is expected to be around $550m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
Contractors Involved
China Energy Engineering is expected to render EPC services for the gas fired power project.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
