38:
637:
651:
745:
772:
620:
Construction of the plant began in
January 2016 under an Engineering, Procurement and Construction ("EPC") contract with a consortium comprising (a) Siemens AG of Germany (b) Siemens Nigeria Limited and (c) Julius Berger Nigeria Limited. Siemens also provided the turbines, generators, transformers
293:
The Azura-Edo IPP is an open-cycle gas fired power plant. The power station is often referred to as the "Azura-Edo
Independent Power Plant" or "Azura-Edo IPP", because the finance required to build the plant was sourced from the private sector, rather than from the government. The private sector
624:
Nearly 5 million man-hours of labor were expended on the plant, without a single lost-time injury, and the names of all the developers and construction workers, numbering over 2,000 in total, are now inscribed on a brass plaque at the front of the plant's administration and control building.
321:
The minority equity investors in the plant are include: 1. Africa50, a pan-African infrastructure investment platform. 2. Anergi Group, an energy company active in Africa's emerging economies. 3. Amaya
Capital, an investment firm with a focus on the infrastructure sector in Africa and 4. The
334:
The power station cost US$ 900 million to build. The financing was obtained from fifteen financial institutions, in nine countries. The table below, illustrates the debt investors in the project. In addition, the
799:
294:
owners of the plant took the construction risk. The post-construction risk and the operational risks are also borne by the plant's owners and their operations and maintenance contractors.
37:
336:
939:
934:
621:
and other electrical hardware. The plant was completed on 30 April 2018, six months ahead of schedule, a record achievement for a plant of this size.
344:
944:
455:
380:
83:
160:
257:. This is the first phase of a three-phase construction project of a combined cycle gas plant with planned capacity of 1,500 megawatts.
879:
306:, an investment holding company for independent power projects in Africa. The majority equity investor in the Azura Power Holdings is
664:
483:
315:
285:. The geographical coordinates of the power station are:06°24'32.0"N, 05°41'01.0"E (Latitude:6.408889; Longitude:5.683611).
425:
694:
310:, a private equity firm headquartered in London with US$ 7.8 billion under management. In 2004, it was spun-off from
277:, Nigeria's commercial capital. This location lies approximately 465 kilometres (289 mi), by road, southwest of
249:-powered open cycle electricity generation plant, with a current operational capacity of 461 megawatts, located in
572:
587:
527:
20:
499:
123:
856:
949:
827:
542:
190:
222:
352:
720:
695:"The pacemaker: Nigerian power plant sets new benchmarks for building in emerging markets"
139:
642:
532:
400:
348:
340:
928:
656:
557:
488:
385:
307:
562:
547:
282:
804:
777:
750:
460:
246:
178:
632:
266:
250:
98:
85:
831:
724:
650:
577:
517:
395:
323:
311:
270:
68:
231:
884:
410:
698:
607:
602:
592:
445:
430:
254:
144:
55:
504:
473:
415:
278:
274:
273:, approximately 316 kilometres (196 mi), by road, east of
746:"Road Distance Between Lagos, Nigeria And Benin City, Nigeria"
440:
919:
912:
209:
721:"Invest Edo State: Power Potentials: The Azura-Edo IPP"
326:, which holds a 2.5 percent equity stake in the plant.
880:"Azura Deal Only Power Agreement that Works, Says MD"
337:
218:
204:
199:
189:
184:
174:
169:
153:
132:
122:
114:
77:
61:
51:
30:
351:insurance. Both IBRD and MIGA are members of the
265:The power station is located to the northeast of
878:Emmanuel Addeh and Mary Nnah (4 August 2020).
8:
360:Fund Sources for Azura Thermal Power Station
940:Natural gas-fired power stations in Nigeria
357:
27:
345:Multilateral Investment Guarantee Agency
676:
456:Netherlands Development Finance Company
381:Overseas Private Investment Corporation
223:Related media on Commons
46:Location of the Azura Edo Power Station
800:"Location of Azura-Edo Power Station"
7:
850:
848:
688:
686:
684:
682:
680:
514:Emerging African Infrastructure Fund
161:Seplat Petroleum Development Company
773:"Distance From Abuja To Benin City"
14:
855:Jon Whiteaker (13 January 2016).
665:List of power stations in Nigeria
484:International Finance Corporation
935:Energy infrastructure in Nigeria
649:
635:
316:Government of the United Kingdom
170:Thermal power station
36:
693:Janine Stephen (28 June 2018).
945:2018 establishments in Nigeria
857:"Azura-Edo gas-fired, Nigeria"
302:The power station is owned by
1:
558:Standard Bank of South Africa
426:German Investment Corporation
826:CDC Group (5 August 2020).
719:Edo State (5 August 2020).
966:
18:
573:Mauritius Commercial Bank
228:
44:
35:
588:First City Monument Bank
339:(IBRD) provided partial
723:. Benin City, Nigeria:
528:Standard Chartered Bank
243:Azura-Edo Power Station
191:Nameplate capacity
31:Azura Edo Power Station
920:Official Azura-Edo App
828:"Azura Power Holdings"
470:Swedfund International
16:Nigerian power station
185:Power generation
324:Edo State Government
304:Azura Power Holdings
124:Commission date
19:For other uses, see
697:. Munich, Germany:
362:
200:External links
99:6.40889°N 5.68361°E
95: /
859:. London: IJGlobal
725:Edo State, Nigeria
543:Rand Merchant Bank
358:
128:Phase 1 - May 2018
613:
612:
239:
238:
175:Primary fuel
957:
916:
915:
913:Official website
898:
897:
895:
893:
875:
869:
868:
866:
864:
852:
843:
842:
840:
838:
823:
817:
816:
814:
812:
796:
790:
789:
787:
785:
769:
763:
762:
760:
758:
742:
736:
735:
733:
731:
716:
710:
709:
707:
705:
690:
659:
654:
653:
645:
640:
639:
638:
363:
353:World Bank Group
347:(MIGA) provided
281:, the country's
232:edit on Wikidata
214:
211:
110:
109:
107:
106:
105:
104:6.40889; 5.68361
100:
96:
93:
92:
91:
88:
40:
28:
965:
964:
960:
959:
958:
956:
955:
954:
925:
924:
911:
910:
907:
902:
901:
891:
889:
877:
876:
872:
862:
860:
854:
853:
846:
836:
834:
825:
824:
820:
810:
808:
798:
797:
793:
783:
781:
771:
770:
766:
756:
754:
744:
743:
739:
729:
727:
718:
717:
713:
703:
701:
692:
691:
678:
673:
655:
648:
641:
636:
634:
631:
618:
341:risk guarantees
332:
314:, owned by the
300:
291:
263:
235:
208:
165:
149:
103:
101:
97:
94:
89:
86:
84:
82:
81:
73:
47:
24:
17:
12:
11:
5:
963:
961:
953:
952:
947:
942:
937:
927:
926:
923:
922:
917:
906:
905:External links
903:
900:
899:
870:
844:
818:
791:
764:
737:
711:
699:Siemens Global
675:
674:
672:
669:
668:
667:
661:
660:
646:
643:Nigeria portal
630:
627:
617:
614:
611:
610:
605:
600:
596:
595:
590:
585:
581:
580:
575:
570:
566:
565:
560:
555:
551:
550:
545:
540:
536:
535:
533:United Kingdom
530:
525:
521:
520:
515:
512:
508:
507:
502:
497:
493:
492:
486:
481:
477:
476:
471:
468:
464:
463:
458:
453:
449:
448:
443:
438:
434:
433:
428:
423:
419:
418:
413:
408:
404:
403:
401:United Kingdom
398:
393:
389:
388:
383:
378:
374:
373:
370:
369:Name of Lender
367:
349:political risk
331:
328:
299:
296:
290:
287:
262:
259:
237:
236:
229:
226:
225:
220:
216:
215:
206:
202:
201:
197:
196:
193:
187:
186:
182:
181:
176:
172:
171:
167:
166:
164:
163:
157:
155:
151:
150:
148:
147:
142:
136:
134:
130:
129:
126:
120:
119:
116:
112:
111:
79:
75:
74:
72:
71:
65:
63:
59:
58:
53:
49:
48:
45:
42:
41:
33:
32:
15:
13:
10:
9:
6:
4:
3:
2:
962:
951:
948:
946:
943:
941:
938:
936:
933:
932:
930:
921:
918:
914:
909:
908:
904:
887:
886:
881:
874:
871:
858:
851:
849:
845:
833:
829:
822:
819:
807:
806:
801:
795:
792:
780:
779:
774:
768:
765:
753:
752:
747:
741:
738:
726:
722:
715:
712:
700:
696:
689:
687:
685:
683:
681:
677:
670:
666:
663:
662:
658:
657:Energy portal
652:
647:
644:
633:
628:
626:
622:
615:
609:
606:
604:
601:
598:
597:
594:
591:
589:
586:
583:
582:
579:
576:
574:
571:
568:
567:
564:
561:
559:
556:
553:
552:
549:
546:
544:
541:
538:
537:
534:
531:
529:
526:
523:
522:
519:
516:
513:
510:
509:
506:
503:
501:
500:ICF Debt Pool
498:
495:
494:
490:
489:United States
487:
485:
482:
479:
478:
475:
472:
469:
466:
465:
462:
459:
457:
454:
451:
450:
447:
444:
442:
439:
436:
435:
432:
429:
427:
424:
421:
420:
417:
414:
412:
409:
406:
405:
402:
399:
397:
394:
391:
390:
387:
386:United States
384:
382:
379:
376:
375:
371:
368:
365:
364:
361:
356:
354:
350:
346:
342:
338:
329:
327:
325:
319:
317:
313:
309:
308:Actis Capital
305:
297:
295:
288:
286:
284:
280:
276:
272:
268:
260:
258:
256:
252:
248:
244:
233:
227:
224:
221:
217:
213:
207:
203:
198:
194:
192:
188:
183:
180:
177:
173:
168:
162:
159:
158:
156:
152:
146:
143:
141:
138:
137:
135:
131:
127:
125:
121:
117:
113:
108:
80:
76:
70:
67:
66:
64:
60:
57:
54:
50:
43:
39:
34:
29:
26:
22:
890:. Retrieved
883:
873:
861:. Retrieved
835:. Retrieved
821:
809:. Retrieved
803:
794:
782:. Retrieved
776:
767:
755:. Retrieved
749:
740:
728:. Retrieved
714:
702:. Retrieved
623:
619:
616:Construction
603:Siemens Bank
563:South Africa
548:South Africa
359:
343:; while the
333:
320:
303:
301:
292:
283:capital city
264:
242:
240:
25:
805:Google Maps
778:Google Maps
751:Google Maps
461:Netherlands
247:natural gas
179:Natural gas
154:Operator(s)
118:Operational
102: /
78:Coordinates
929:Categories
830:. London:
671:References
267:Benin City
251:Benin City
90:05°41′01″E
87:06°24′32″N
950:Edo State
832:CDC Group
578:Mauritius
518:Mauritius
396:CDC Group
372:Domicile
330:Financing
312:CDC Group
298:Ownership
271:Edo State
69:Edo State
892:5 August
885:This Day
863:5 August
837:5 August
811:5 August
784:5 August
757:5 August
730:5 August
704:5 August
629:See also
411:Proparco
289:Overview
261:Location
210:azuraedo
133:Owner(s)
62:Location
888:. Lagos
802:(Map).
775:(Map).
748:(Map).
608:Germany
593:Nigeria
491:
446:Germany
431:Germany
255:Nigeria
219:Commons
205:Website
145:Nigeria
56:Nigeria
52:Country
505:Canada
474:Sweden
416:France
195:461 MW
115:Status
279:Abuja
275:Lagos
245:is a
230:[
140:Amaya
21:Azura
894:2020
865:2020
839:2020
813:2020
786:2020
759:2020
732:2020
706:2020
241:The
212:.com
441:KfW
366:No.
269:in
253:in
931::
882:.
847:^
679:^
599:16
584:15
569:14
554:13
539:12
524:11
511:10
355:.
318:.
896:.
867:.
841:.
815:.
788:.
761:.
734:.
708:.
496:9
480:8
467:7
452:6
437:5
422:4
407:3
392:2
377:1
234:]
23:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
