FG Reviews Downward Mabilla Project Capacity To 1,520 MW
…Review To Save Nigeria N1bn From Project
The Federal Government has revised downward the capacity of the Mambilla Hydroelectric Power Project from 3,050 MW to 1,520 MW.
The Minister of Power, Sale Mamman disclosed this via his twitter handle on Tuesday.
He stated that the reduced capacity will not change the annual energy yield of the project when completed.
“The project has been revised down from 3,050MW to 1,520MW, and from three dams to two dams, this will not change the annual energy yield of the project when completed.
“We are increasing plant factor from less than 20 per cent to around 40 per cent. Tariffs from the power plant will come down by half.”
The Minister explained that by conducting a project review, there has been a significant deduction of over N1bn from the overall project sum saving Nigerian taxpayers a lot of money.
The Minister, who noted the ongoing litigation on the project which preceded the administration of President Muhammadu Buhari, assured that efforts are ongoing to ensure the successful completion of the Project.
He added, “Currently, the revaluation conducted by the Presidential Project Delivery Committees in conjunction with the Ministry have forwarded this to the Nigerian Sovereign Investment Authority for Engineering assessment over work done.
“The commencement and completion of the Mambilla Hydroelectric Power Project should be a source of Pride for not just Tarabans, but all Nigerians.
“Since my assumption of office in August 2019, the Mambilla Project has been at the top of our agenda at the Ministry of Power.
“Our priority has been to see that the Project is a Bankable one for Nigerians.
“My dispensation initiated the land and aerial survey enumeration currently taking place, which when completed, will give a valuation of the land assets and lead to the formal acquisition of the land titles.
“Last year we also signed an MOU with the Taraba State Government.”
He further disclosed that the ministry had recently completed the Local Content Strategy, which involves manpower sourcing, local resources utilization and stakeholders coordination with host communities.
He said, “Pre-commencement activities have been defined, which involves access roads to dam sites and Power House, air strip construction and contractors camps, this are awaiting release of funds from the involved parties.”
He said a project implementation framework for transparency was also created and infused into the project by his team.