The China Engineering & Machinery Corporation (CMEC) is providing support towards the development of the Gwagwalada Independent Power Plant (GIPP).
The company signed a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Ltd (NNPCL ) for the co-funding of the GIPP Phase-1 Project in Beijing, China.
NNPC executive vice president, Gas Power & New Energy, Olalekan Ogunleye and chairman of CMEC Nigeria, Zhang Daguang, signed the agreement on behalf of their respective companies.
Also known as the Abuja IPP, the 350MW GIPP Phase 1 Project is one of the key anchor projects of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project which is in line with Nigeria’s Gas Master Plan infrastructure blueprint.
Upon completion, the GIPP Phase 1 Project is expected to improve power generation, create job opportunities, reduce gas flaring, and engender industrial development.
The Nigerian National Petroleum Company Ltd has signed a deal with the China Engineering & Machinery Corporation (CMEC). The project which was flagged-off in August last year by President Bola Tinubu has been described as a game-changer in Nigeria’s power sector.
It is a 1,350MW Combined Cycle Power Plant with auxiliaries and Balance of Plant to be situated on 547 hectares of land already acquired at Gwagwalada, in Abuja.
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