Latest News
Geometric Power Raises Alarm Over Gas Shortage Impact On Operations
Geometric Power Raises Alarm Over Gas Shortage Impact On Operations
The management of the Geometric Power Plant has decried the acute shortage of natural gas supply to its 188-megawatt plant in the Osisioma Industrial Estate in Aba, Abia State, saying it is affecting the state’s economic growth.
In a press statement on Friday, the company’s Managing Director, Ugo Opiegbe, noted that the Aba Ringfence needs about 90MW, which it can generate from two of its installed three turbines, with a capacity of 47MW each.
Opiegbe said, “Due to the grave shortage of gas, we have been constrained to import 25 megawatts from the Niger Delta Power Holding Company at a huge cost, just to ensure that our customers have supplies, no matter the cost to us.
“It is a supreme irony that though we are ready to generate 141MW from our three general electric turbines and provide uninterrupted, quality and affordable electricity to nine of the 17 Local Government areas in Abia State; we service and export some 50MW potential excess power to the national grid to make power more available to other places in Nigeria. We are importing electricity because of the grave gas constraints.
“Therefore, the 25MW from the NDPHC is like a drop of water in the ocean,” adding that the “unreliable gas supply” was affecting several customers, including manufacturing firms.”
Regarded as the biggest private sector investment in the South-East, the Aba power integrated project was commissioned on February 26, 2024, by Vice President Kashim Shettima on behalf of President Bola Tinubu.
“From the look of things, we should be able to overcome the gas shortage within a month,” the statement added.
-
Latest News1 week agoFG Releases Permanent Secretary Exam Results; 14 Candidates Progress To Next Stage
-
Latest News1 week agoShake-Up In Police: Full List Of DIGs Retiring After Disu’s Appointment
-
Latest News2 weeks agoSh*ck Exit: Presidency Reveals Why Egbetokun Resigned As IGP
-
Latest News2 weeks agoObanikoro Reveals Why Tinubu Lost Lagos In 2023 Presidential Election
-
Latest News1 week agoAhmed Audi Steps Down As NSCDC Commandant-General
-
Latest News1 week agoBREAKING: Court Issues Fresh Ruling In ₦1.5bn EFCC Case Against Ex-Governor Babangida Aliyu
-
Latest News1 week agoBREAKING: “Serial Disrespect” Sparks Drama As Senate Orders Arrest Of CAC Registrar
-
Latest News1 week agoNational Convention: APC Assigns Key Roles To Akpabio, Fubara, Ribadu, Uzodimma And Others [Complete List]
-
Latest News1 week agoUmahi Fires Back At Sowore Over Viral FCT Police Drama, Denies Any Intimidation
-
Latest News2 weeks agoSaheed Balogun Opens Up: How Tinubu And Wife Stepped In After My Accident
-
Latest News5 days agoPresidency Breaks Silence On ‘Poison Plot’ Against Tinubu
-
Latest News2 weeks agoMinister Momoh Commends Gov. Okpebholo at Commissioning of NDDC-Facilitated Roads in Edo State Polytechnic, Usen(Video)

