KIPDL – Gas-Fired Power Plant 550 MW – Cross River - Project Profile
"KIPDL – Gas-Fired Power Plant 550 MW – Cross River - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Kingline Integrated Power Development Ltd (KIPDL) is planning to build a gas-fired power plant in Cross River, Nigeria.
The project involves the construction of a 550MW gas-fired power plant. It includes the construction of a powerhouse, a substation and related infrastructure, the installation of generators and transformers, and the laying of transmission lines.
KIPDL is investing around US$10 million in the initial stage of the plant’s development. A total of US$560 million will be invested in the project, with funding coming from various sources including the World Bank. Of this amount, about US$150 million worth of equity will be provided by KIPDL.
KIPDL intends to submit an application for a generation license, and carrying out an environmental impact assessment (EIA) and preparations for the project.
The project involves the construction of a 550MW gas-fired power plant in Cross River, Nigeria.
The US$560 million project includes the following: