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Geregu Energy Plc has introduced it made advance funds of N8.783bn to Italian agency, Ansaldo Energia, for the overhaul of its gasoline turbine as of the tip of June 2023.
This was disclosed within the unaudited interim assertion of monetary place of the Genco for the interval ending June 30, 2023, which was filed with the Nigerian Trade Restricted.
As of December 2022, advance cost to the Italian agency was N4.616bn.
In April 2022, Ansaldo Energia signed a three-year contract with Geregu valued at €32m to conduct a significant overhaul of the 435 MW Energy energy plant in Ajaokuta, Kogi State, Nigeria.
The three-year contract included the provision of spare components which might be fully manufactured by Ansaldo Energia in Italy, and the upkeep companies, which might be carried out by its subsidiary Ansaldo Energia Nigeria, based mostly in Lagos. Actions would begin in early 2023.
In line with Geregu’s financials, the most important overhaul of the gasoline turbine was scheduled for Q3, 2023.
Primarily based on experiences, this contract marked Ansaldo Energia’s first foray into the electrical energy sector of Nigeria. For Geregu Energy, this represents the second main overhaul for the reason that acquisition of the plant by Amperion Energy Distribution.
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