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Siemens strengthens Energy partnership with Nigeria
"A reliable and affordable supply of electricity is the decisive factor in further developing Nigeria's economy and society", said Michael Suess, CEO of the Energy Sector and member of the Managing Board of Siemens AG. "The agreements shall be mutually beneficial to the economy of Nigeria via significant advancements in the power sector as well as for the business of Siemens in one of the most important markets in Africa. Lagos, as one of the fastest growing mega cities in the world, is seeking for a significant improvement in its power supply. The decision of Scanpower and its Joint Venture partners to build, together with Siemens as technical partner, a modern and environmentally-friendly gas turbine power station, is an essential contribution to increase the power generation capacity and the security of power supply under the framework of the privatization of the energy sector in Nigeria", Suess added.
Siemens has already delivered gas turbines for the power stations Afam V and Geregu I, which ranks among the most reliable and available plants in this country. Geregu Phase II is currently under construction and is expected to deliver electricity to the grid before the end of the year. These power plants, with a total capacity of 1200 MW, were built by Siemens on EPC-turnkey basis in Nigeria.
Siemens and Nigeria have a long-standing and successful partnership spanning almost 50 years. With its estimated 167 million inhabitants, Nigeria is the most populous country and one of the most important markets in Africa. Siemens is committed to be a strong technical partner in the development of the Nigerian power sector. According to estimations, the available capacity for electricity generation has to be increased in two steps from 4,000 MW to 40,000 MW by 2020 to meet the current demand and support Nigeria's rapid growth.
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