The remaining four power stations being built under the National Integrated Power Project (NIPP) will be completed by the end of 2018, a source at the Niger Delta Power Holding Company (NDPHC) told THISDAY.
The federal government has also resumed talks with the preferred bidders for the privatisation of three stations (Calabar, Geregu and Omotosho plants), which was stalled in 2014 following the non-bankability of the power sector, among other market risks.
It was gathered that the 750-megawatt capacity Alaoji Power Station in Abia State, 225-megawatt capacity Omoku Power Plant in Rivers, 338-megawatt capacity Egbema Power Station in Imo State and the 225-megawatt-capacity Gbarain Ubie Power Station in Bayelsa State, which are at various stages of completion, would be completed by the end of 2018.
A source at the NDPHC said that all the four power stations, which are being constructed by Rockson Engineering, would be completed in the first, third and fourth quarters of 2018. Some units of the four stations have been completed while work has been ongoing in the remaining units.
Source: Energy Mix Report