Country Nigeria Commission date 2018 (Expected) Nameplate capacity 450MW | Status Under Construction Primary fuel Natural Gas Construction began 2014 | |
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Azura Thermal Power Station is a natural gas powered electricity generation plant, with capacity of 450 megawatts, under construction in Nigeria.
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Location
The power station is located near Benin City in Edo State, approximately 316 kilometres (196 mi), by road, east of Lagos, Nigeria's commercial capital. This location lies approximately 445 kilometres (277 mi), by road, southwest of Abuja, the country's capital city.
Overview
The project, first conceived under the Goodluck Jonathan administration, has been endorsed by the new Muhammadu Buhari government. Work on the project, initially started in 2014, had stalled due to disagreements between the funders and the Nigerian government. Those concerns were resolved and work resumed in 2015.
The construction costs for the power station are budgeted at US$900 million, via loans provided by a consortium of twenty international banks and equity finance institutions drawn from nine different countries. The power station is expected to come online in 2018.