Sapele Power Plc has unveiled plans to boost power supply in the country by generating 1,500 megawatts (mw) to the national grid.
The new management disclosed the plan during an open forum with stakeholders and host-communities at the plant’s complex at Ogorode, Sapele, Delta State.
The Sapele power plant, acquired in 2014 by Eurafric Power Limited, is said to be the second biggest power plant in Nigeria by installed capacity. It was commissioned in 1978 with installed capacity of 1,000mw but producing only 120mw today.
According to the Managing Director of Sapele Power Plc (Downstream), Odjegba Onoriode: “Upon acquisition of the Sapele power plant, the new management put together a business plan that would ensure that the power plant regains its pride of place among power plants in the country.
“We plan to recover the lost capacity and introduce new capacity and bridge power generation in between these two, in phases.
“We have a performance target set by the government to generate 400mw within five years. But our plan is much more aggressive. We intend to generate 1,500mw within five years.”
Onoriode, who said the plant’s revival would be done in phases, said the management had also finalised plan to acquire a new gas turbine, which would be used to replant one of the non-functional turbines. This will give an additional 145mw within a period of nine months.