KEPCO to expand Egbin Power Station capacity to 1,350MW
The new management of Korea Electric Power Corporation, a technical partner of the Egbin Power Station, Ikorodu, has promised to provide an additional generation plant to boost its capacity to 1,350 mega watts.
The Managing Director of KEPCO, Mr. Gyoo Chull-Yeom, gave the assurance on Friday during a facility tour of the plant by journalists, after its privatisation in Lagos.
He assured the people that there were plans to provide an additional projected capacity of 1,350 mega watts during the year.
Chull-Yeom said the new management also intended to collaborate with the New Electricity Distribution Company, the Nigerian partners, to restore Egbin to its installed capacity of 1,320 mega watts.
He explained that when completed, the station was expected to have 2,670 mega watts, with the aim of achieving a total capacity of over 10, 000 mega watts in the next decade, if the demand permits.
He said, 'Our relationship with Nigeria over the year has shown that the nation is filled with resilient and resourceful people, who are driven by a spirit of entrepreneurship that ranks among the best in the world.
'Yes, there are challenges bordering on infrastructure and human capital that will require time to overcome.
'We will need the patience and support of all Nigerians as we work towards overcoming these challenges with innovation, commitment and determination.
'We see a future where Nigeria will become an exporter of power. This is possible with our collective resolve.''