Port Harcourt, Nigeria | – The Nigerian Electricity Regulatory Commission (NERC) said it has received a firm commitment from the Nigerian Agip Oil Company (NAOC) a subsidiary of Italian Eni E& P, that it would start work on the second phase of its 480 megawatts (MW) Okpai power plant in Delta State, a local Nigerian newspaper reports.
NAOC’s Okpai power plant currently generates 480MW into the national grid, but its Managing Director, Mr. Massimo Insulla reportedly told NERC that work on the second phase of the plant would commence soon. The second phase of the project when completed would bring the plant’s total output to 1,000MW.
An operating licence for the plant’s second phase was issued to NAOC by the Chairman of NERC, Dr. Sam Amadi, who assured that the Commission would continue to provide regulatory support to NAOC and other investors in power generation against investment risks.
Okpai power plant is a joint venture investment of the Nigerian National Petroleum Corporation (NNPC); NAOC; and Philips Oil Company Limited.
