LAFARGE to sell unused electricity to Nigeria

Proshare

Monday, December 02, 2013 1723hrs / A&E Legal

 

Lafarge Cement WAPCO Plc, Nigeria’s second-biggest cement producer, plans to sell about 40 megawatts of excess power to the national grid to improve power supply in the country. The, General Manager, Michael Awanayah said this at the West African Power Industry Convention (WAPIC).

 

Currently, Lafarge uses only 40 to 50 megawatts out of 90 megawatts generated by its local power plant. In a bid to meet their electricity needs, manufacturers operating within Africa’s most populous nation have been forced to generate power by building plants. Over 300 megawatts of that power lies fallow.

 

According to reports, Dangote Group, the parent company of Nigeria’s biggest cement producer, Dangote cement and chocolate-maker Cadbury Nigeria Plc are also considering selling their excess electricity. Abba Ibrahim of the Nigerian Electricity Regulatory Commission (NERC) said the body has since taken on the role of intermediary between the power suppliers and the industrial companies to produce a database of all those willing to add capacity to the grid.

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