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Released August 23, 2023 | NEW DELHI
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Researched by Industrial Info Resources (Sugar Land, Texas)--Nigeria aims to harness its abundant natural gas resources to improve its power-generation capacity and to reduce regular blackouts. Nigerian National Petroleum Company Limited (NNPC) (Abuja, Nigeria) plans to add 3.6 gigawatts (GW) of gas-fired power projects by 2031, with the first tranche set for completion in the first quarter of 2025.

NNPC recently started construction on its gas-fired, 1,350-megawatt (MW) Gwagwalada Independent Power Plant, in partnership with China Mechanical Engineering Corporation and General Electric (NYSE:GE) (Boston, Massachusetts) subsidiary GE Vernova. The plant, which is to be built in three phases, aims to provide 11% of Nigeria's electricity once fully operational.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from a detailed project report and plant profile.

Industrial Info is tracking more than 180 power-generation projects across Nigeria, totaling more than US$63 billion of investment. Subscribers can click here for a list of detailed project reports and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).

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