Nigerian Sovereign fund, Shiroro Power plant on N8.5 billion deal to boost power generation

Posted: March 4, 2019 at 9:07 am   /   Gencos, Government, Shiroro

A subsidiary of the Nigeria Sovereign Investment Authority (NSIA), InfraCredit, has opened a N8.5 billion 600MW Shiroro Hydro Electric Infrastructure Green Bond to boost the plant’s power generation. Launched in partnership with GuarantCo, KfW Development Bank and Africa Finance Corporation, the deal is to provide the North South Power Company Limited’s (NSP) with N8.5 billion […]

read more

Flood: Shiroro Power Plant Shut Down

Posted: March 10, 2018 at 1:21 pm   /   Gencos, Shiroro

One of the nation’s three hydropower plants, Shiroro Power Station located in Niger State, has been shut down as a result of flood challenge. Shiroro Power Plant, which is capable of generating 428 megawatts, was shut down “due to turbine pit flood problem.” Data obtained from the Federal Ministry of Power, Works and Housing showed […]

read more