Egbin Power Plant is the only steam power station in Nigeria. Electricity is generated through steam.
Over the years, Egbin Power Plc has acquired a reputation as the symbol of indigenous expertise in the Nigerian Eectricity industry through its series of groundbreaking innovations. The company’s successful acquisition in 2013 by the partnership between New Electricity Distribution Company and the Korean Electric Power Corporation (NEDC/KEPCO) acquired Egbin Power plc, has inspired a new direction of excellence, world-class performance and best heath/safety/environmental standards for the company and a clear testament about the maturity of indigenous players in electricity sector and an overwhelming testimony about their capacity to execute and deliver best-in-class projects.
Egbin Power Plant,a thermal power station with an installed capacity of 1320 MW consisting of 6 Units of 220MW each a landmark decision was constructed near Lagos to shore up power supply in the nation. This would set the tone for the construction of Egbin Power Plant, one of the biggest power stations in Africa
The partnership with KEPCO brings to Egbin decades of sustained excellent performance as KEPCO, the largest electricity utility company in Asia in terms of Transmission and Distribution, is amongst the largest nuclear power exporting companies and is also involved in every form of generation from wind, thermal, coal, solar, mass, hydro and renewable energy.
Recently, it has expressed interest in investing about $630 million in Tanzania energy sector, and is considering putting up a natural gas-fired power plant in the East African country.
This would be a huge boost to Tanzania’s power generation, and is the newest public-private partnership project expected to turn around the energy sector in the country.
The firm’s Chief Executive Officer, Mr Dallas Peavey, said the construction of the plant is expected to commence any time after the company, under Sahara Group, has inked the investment pact with the host government. Egbin is resolute in its commitment to using continuing investment in new technologies and robust human capital to deliver world class services in power generation and supply in Nigeria, and ultimately, other parts of Africa.
Egbin is constantly involved in deploying technology and empowering its people to ensure it significantly reduces the environmental and public health impacts of its operations. The company continues to pursue investments and partnerships that will facilitate compliance widely acclaimed HSE standards. This pursuit is a passion shared by every member of the Egbin family who are bound by the credo: Safety First, All the Time.
A safety-focused organization, on execution of its industry-defining projects, it maintains and adheres to the highest safety standards which guarantees the safety of its employees and other stakeholders.
The company is also looking at renewable energy in Kenya, ethiopia and olther countries and plans on doing photovoltaic (PV) solar in order to reduce internal usage in order to have more power to sell to the grid.
A photovoltaic system, also PV system or solar power system, is a power system designed to supply usable solar power by means of photovoltaics. It consists of an arrangement of several components, including solar panels to absorb and convert sunlight into electricity, a solar inverter to change the electric current from DC to AC, as well as mounting, cabling and other electrical accessories to set up a working system.
Utility-scale solar photovoltaic technologies convert energy from sunlight directly into electricity, using large arrays of solar panels. Solar photovoltaic technologies convert solar energy into useful energy forms by directly absorbing solar photons—particles of light that act as individual units of energy—and either converting part of the energy to electricity (as in a photovoltaic (PV) cell) or storing part of the energy in a chemical reaction (as in the conversion of water to hydrogen and oxygen).
Dallas Peavey has built a 667 MW PV power plant in California which is the largest in the world and he says the company is looking at doing 10-20MW PV solar which will be used to complement baseload.
Off-grid was where PV got its start – with so many applications for stand-alone power, and continual new developments and cost reductions in energy storage technology, this sector of the market is growing like never before.