A 4-year plan has been set in motion to produce 3,000 Mw of power in Edo state. This is as a result of the collaboration with Siemens AG which has the mandate to improve power generation in Nigeria. The 1,000 Mw set to generated from this collaboration would complement the expected power from Azura, Osiomon and UNIBEN Power Plants in the State.
Governor Godwin Obaseki encouraged the stakeholders to provide answers to how the state could avoid the limitations of the past and learn from the experiences of other states and power developers especially in the area of access to adequate gas supply while urging them to identify the challenges and solutions of revenue recovery to investors and developers, explore how the state could engage the federal agencies in developing Independent Power Projects for Edo, and highlight the most optimal financing options available to stakeholders.
Siemens AG’s Head of Operations in Edo State, Onyeche Tiffase noted that the forum was pursuant to a Memorandum of Understanding signed with Siemens and the establishment of a Joint development Committee to generate 1000 megawatts of electricity over the next four years to complement ongoing investments in the power sector in Edo State.
Read More: How NERC Almost Caused World War 3
Elucidating on the demand for power in Edo State was the Managing Director of Benin Distribution Company (BEDC), Mrs. Funke Osibodu who noted that while Nigeria’s power supply alternated between 3000mw and 3700mw, roughly 9% of that was supplied to Edo State.
She, however, noted that the state needed a supply of at least 500mw, but that it also had the capacity to distribute 1800mw because of the necessary facilities to accomplish that, including transformers, were already in place. Now all that remains is to see this plan in motion.