Fidelity bank card banner Camano banner
FG moves to resolve Aba IPP crisis, mediates between Geometric Power and Enugu Electric

By News Express on 31/12/2015

Views: 4,375


The Nigerian Electricity Regulatory Commission (NERC) has said the Federal Government is resolving the prolonged issues between operators of the 141megawatts Aba power plant and other parties to enable it take off soon.

The station, built in Abia State, was the first independent power plant (IPP) in Nigeria, the operators, Geometric Power Ltd said. The gas-fired plant, which has a 27km gas pipeline and a distribution utility within a ring-fenced distribution network, is meant to provide embedded power towards reviving industries in the Aba hub.

The government granted a 20-year lease (concession) to Geometric Power Aba Limited to generate, transmit and distribute electricity in the Aba and Ariaria business districts of the Enugu Electricity Distribution Company (Disco) network.

The plant, which was completed in 2014, had been enmeshed in disputes and a law suit resulting in its non-takeoff. Former president, Goodluck Jonathan, who had visited the plant in March after he commissioned the 504mw Alaoji National Integrated Power Plant (NIPP) near Aba, assured of resolving the issue, which did not happen till he left.

Responding to enquiries on the resolution process recently, the former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, said before he left office recently: “We had a meeting with the Office of the Vice President in which both parties were present, that is Enugu Disco and Aba Power. I was directed to draw a settlement framework for the issue. That was the period (September). We did that and have completed it.”

Amadi noted that the plan, which has been submitted to the government, is to ensure a fair resolution of hanging issues. “I think it is for them to schedule another time for the parties to meet. The framework will be reviewed and approved as an out-of-court settlement. It provides a sure deal that allows a win-win for Aba power to operate and enable more power supply to eastern Nigeria, while it guarantees Enugu Disco’s network investment,” he said.

At a recent press briefing, the Permanent Secretary (Power), Engr. Louis Edozien, had said government was working on ensuring that there is a fair resolution between the parties so that there could be more efficient power supply for residents and industries in Aba.

•Text courtesy of Daily Trust. Photo shows VP Yemi Osinbajo, whose office is about to resolve the crisis. 

Source News Express

Posted 31/12/2015 7:37:25 PM

 

 

CLASSIFIED ADS

 

You may also like...
What manner of lion?: AIG Mbu not fit...

Independent Hajj Reporters task security agencies to act...

Court remands 32 suspected IPOB members in prison...

4 police officers sacked for bribery

U-17 World Cup: Eaglets top group, land in...

Military vows to continue assault until Boko Haram...

Hardship hits Abuja commuters as petrol crisis worsens...

Finally Revealed: THE LAST DAYS OF BOKO HARAM...

FG owes NDDC N1.8 trillion

Trader faints over planned demolition of Lagos market...

FG names varsity after late Gen, Adebayo

From rags to riches: Nigerian star enjoying life...

 

Latest News Okowa mourns as veteran journalist, Odafe Othihiwa dies at 77 Tarakiri Monarch condemns violence, condoles with bereaved families, Ofoni and Toru-Orua communities on sons’ death Ighalo dumps Super Eagles Return order: Northern Coalition replies Buhari on counter directive Ganduje inaugurates committee for Ruga settlement Bandits kill over 20 in Sokoto Imo Govt. inaugurates committee to probe LG administration Insecurity: Security agencies not telling Nigerians truth — Gadzama Group to Buhari: We’ll hold you responsible for killing of Northerners NGO offers free treatment to 700 patients Knife attack: Police arrests man for assault on EKEDC official NLNG, LCCI promote breakthrough in electric power in Nigeria

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (509,527 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (431,395 views) Shameless Genevieve Nnaji exposes breasts in public (373,317 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (316,653 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (282,344 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (247,134 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (239,118 views) 10 cars more expensive than Jets (223,432 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (221,129 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (208,665 views) Lagos plane crash: Journalist releases victims’ names (188,284 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (186,917 views)

 

NLNG Job Vacancy

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (97) Business & Economy (4,356) Business Verdict (76) Columnists (1,074) Complaints & Requests (95) Enterprise & Opportunities (211) Entertainment (635) Features (779) Global Business Monitor (395) ICT Monitor (53) International (3,721) Interview (192) Live Commentary (30) Love Matters (163) Maggie's Blog (338) News (48,792) Opinion (1,290) Pidgin (17) Politics (11,166) Religion (1,051) Sports (2,101) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera