Under the terms of the agreement, Siemens will on a case-by-case basis consider to support the financing of power plant projects in Nigeria. At the same time, Siemens announced plans to build up a new service workshop for heavy duty gas turbines in the country and will support Nigeria with a study on the integration of renewables in the country`s energy mix. Furthermore, the Nigerian company Scanpower and Siemens signed a technical partnership agreement for the construction of a 1,600 MW gas turbine power station at Lekki in Lagos state.
Lagos, as one of the fastest growing megacities in the world, is seeking for a significant improvement in its power supply. “The decision of Scanpower and its joint venture partners to build, together with Siemens as technical partner, a modern and environmentally-friendly gas turbine power station, is an essential contribution to increase the power generation capacity and the security of power supply under the framework of the privatisation of the energy sector in Nigeria”, Michael Suess, CEO of the Siemens’s energy sector and member of the managing board of Siemens AG said.
Siemens has already delivered gas turbines for the power stations Afam V and Geregu I, which ranks among the most reliable and available plants in Nigeria. Geregu Phase II is currently under construction and is expected to deliver electricity to the grid before the end of the year. These power plants, with a total capacity of 1,200 MW, were built by Siemens on EPC turnkey basis.
According to estimates, the available capacity for electricity generation in Nigeria has to be increased from 4,000 MW to 40,000 MW by 2020 to meet the current demand and support Nigeria’s rapid growth.
