Nigeria Electricity and Gas Improvement Project (NEGIP)

Following projects comes with the paid plans.

Development objective

The objectives are to improve: (a) the availability and reliability of gas supply to increase power generation in existing public sector power plants; and (b) the power network's capacity and efficiency to transmit and distribute quality electricity to the consumer.The Nigeria Electricity and Gas Improvement Project will have threecomponents, namely: (i) a series of Partial Risk Guarantees of US$ 400million amounting to an IDA allocation of US$ 100 million(ii)Investments(US$ 180 million); and (iii) Technical Advisory Services(US$ 16 million) in addition to support for incremental operating costs (US$ 2 million)and unallocated amounts for contingencies (US$ 2 million). The firstcomponent will consist of PRGs which will backstop gas supply paymentobligations of PHCN to the Oil Companies (JVs of NNPC with Shell,Chevron, Agip, Addax, Pan Ocean, and Total) under the proposedGas Supply and Aggregation Agreements. The Second component willprovide resources for: (a) critical investments to strengthen theelectricity transmission network to enable the delivery of additionalpower to consumers, and (b) development of 'good practice' projectsin electricity distribution network that achieve efficiencies in thesector to gradually reduce losses and subsidies. The third componentswill provide support for the ongoing reform program in the power sectorand gas-to-power, specifically through Technical Assistance andknowledge transfer.This is an associated project along with P106172 under the sameProject title to cover both the IDA PRGs and the IDA creditsThe Project is being presented for board discussion on June 16, 2009

Tenders of this project

No notices are recorded for this project.

No contract awards, No documents

Contract awards and project documents are part of the Company plan.