The Oma Power Project is 1,080MW gas fired power project. It is planned in Abia, Nigeria. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed by Oma Power Generation. Geometric Power and GE Power are currently owning the project having ownership stake of 60% and 40% respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from Accugas Limited.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Nigerian Bulk Electricity Trading under a power purchase agreement for a period of 20 years. The offtake capacity is expected to be 500MW.
Contractors involved
China Machinery Engineering is expected to render engineering procurement construction services for the gas fired power project.
Oma Power Project (Oma Power Project Phase I) will be equipped with GE Power Frame 9 gas turbines.
For more details on Oma Power Project, buy the profile here.