Thursday, 17 July 2014

41 firms bid to supply embedded power to Eko Disco

Forty-one firms are currently bidding to supply embedded power to Eko Electricity Distribution Company (Disco), including Aggreko, one of the world’s leaders in the field, energy sources tell BusinessDay.
Eko Disco had earlier in a statement on its website, invited firms to bid for embedded power generation.
“EKEDC wishes to contract Embedded Generators to supply capacity and energy directly connected to its distribution network at 11kV and 33kV levels (“Embedded Generation”) to improve quality of supply to customers. Total capacity required in 2014 is approximately 500MW,” the statement said.
Embedded generation is the term used for any electricity generating plant that is connected to the regional electricity distribution networks.
Eko Disco has the capacity to
distribute 700 MW, but currently gets only a maximum of 240 MW from the grid, since the private sector owners took over about seven months ago, Charles Momoh, chairman of West Power & Gas, the private company which acquired Eko Disco, said at a recent conference.
“We have started the process of trying to improve power generation to Lagos by doing embedded generation of power,” Momoh said then.
“We have identified companies we would like to work with and the longer term plan is to bring in 500 MW into our local grid for distribution.”
Nigeria completed the first phase of an ambitious privatisation programme last November, through the sale of 18 companies unbundled from the former Power Holding Company of Nigeria (PHCN) comprising of six Generation Companies (GENCO’s), 11 Distribution Companies (DISCOs), and a Transmission Company (TCN).
The new private companies have however had to deal with non-availability for power plants and vandalisation of gas pipelines, leading to a continuation of the rolling blackouts that were the norm pre-privatisation, for homes and businesses.
Lagos is estimated to need up to 20,000 MW of electricity for its 20 million people, but only an average of 1,000 MW is delivered to the state from the national grid.
If Eko Disco is successful in it’s embedded generation plans, it means power supply to the Lagos area will increase by 50 percent.
According to Eko Disco, prospective Embedded Generators will sell power to EKEDC (the off-taker), while EKEDC will use the distribution network and/or dedicated feeders to deliver high power to its customers.
Aggreko, the world’s largest provider of mobile power supplies, provides specialist power and temperature control rental services. The group employs over 6,000 people operating from 202 locations.
The company served customers in about 100 countries in 2013 and had revenues of approximately $2.5 billion.
The Discos – which are closest to consumers – are at the end of a complex chain of players in the power sector which include the gas suppliers, IPPs/ Gencos, the bulk trader (NBET), and TCN.
The new private owners of power assets are struggling to meet capital expenditure pledges, as issues ranging from unavailability of gas for power turbines, need for market reflective tariffs and power cheats from bypassed meters and unpaid bills crimp revenues.
West Power & Gas Limited (WPG), which paid $135 million to acquire the assets of Eko Disco, said last year that it had allocated $250 million for the rehabilitation of the Disco.
However, ongoing blackouts in most parts of Lagos show that such capex spend promises have yet to materialise.
Firms bidding to supply embedded power to Eko Disco need to indicate whether they are a captive generator and wish to sell excess power from existing/expanded plant, are an existing embedded plant wishing to sell excess power from existing/expanded plant or, wish to develop a green-field project to sell power to EKEDC, according to Eko Disco.

BusinessDay

No comments:

Post a Comment