Gwagwalada gas power plant to add 5GW to national grid – NNPCL

<p>Kyari also acknowledged the progressive policy direction of Tinubu’s led administration to renew hope and reposition the Nigerian economy.</p>, <span>President Bola Tinubu, with NNPC Ltd. GCEO, Malam Mele Kyari and other top officials during the Presidential groundbreaking of Gwagwalada Independent Power Plant in Abuja. NAN</span>, <h2>The Nigerian National Petroleum Company Limited (NNPCL) says the Gwagwalada Independent Power Plant (GIPP) project is a giant step toward achieving its gas and power mandate to add five Gigawatts into the National power generation by 2024.</h2>, <p>Malam Mele Kyari, Group CEO, NNPC Ltd., made this known on Friday in Gwagwalada, Abuja at the presidential groundbreaking of the 350 Megawatts (MW) Gwagwalada Independent Power Plant (GIPP) project.</p>, <p>The News Agency of Nigeria (NAN) reports that the groundbreaking was performed by President Bola Tinubu in the company of other top government dignitaries.</p>, <p>The gas plant 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, Federal Capital Territory (FCT), Abuja.</p>, <p>The GIPP was necessitated by the need for delivering gas toward additional power generation capacity in Nigeria.</p>, <p>The gas supply to the plant shall be through the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline which is currently at its advanced stage of construction.</p>, <p>On completion, the GIPP Project will generate an average of 10.3 million Megawatts hour (MWh) of electricity per year for sale to the Nigerian Bulk Electricity Trading Plc (NBET).</p>, <p>Kyari said the 350MW project was the first phase of the planned capacity of 1,350MW Gwagwalada Independent Power Plant.</p>, <p>According to him, Nigeria is endowed with significant natural gas resources of over 209TCF of proven gas reserves, and potential reserve of over 600TCF.</p>, <p>He said as a commercial enterprise, NNPC took the project as an opportunity to monetise Nigeria’s abundant natural gas reso