Nigeria Electricity and Gas Improvement Project Additional Financing: Additional financing to the Nigeria Electricity and gas improvement project to cover additional PRGs for Gas supply to government owned power plants, in particular the Sapele, Olorunsogo and Alaoji plants held by the NIGER DELTA POWER HOLDING COMPANY. The NDPHC is scheduled to commission power generation units in three of the NIPP plants at Sapele, Olorunsogo and Alaoji. The units to be commissioned will have a combined initial generation capacity of 575 MW. The 3 plants will have a final generation capacity of 1,974 MW upon completion. These plants urgently require executed Gas Sales Supply Agreements (GSAs) with prospective gas suppliers and IOCs who have emphasized the need for a payment guarantees to enter into long term supply agreements for the fuel deliveries. In accordance with World Bank PRG guidelines, the Federal Ministry of Finance on behalf of the Federal Government of Nigeria is required to nominate parties with whom the World Bank Gan enter into negotiations on PRGs. Therefore, I am writing to request that the World Bank extends the coverage of NEGIP to include NDPHC's NIPP plants and to nominate the NDPHC as a party with whom the World Bank can enter into formal negotiations on the potential provision of PRGs for the individual projects. Approval completed on 19 June 2012. Environmental Assessment Category B. Project: P126190. US$ 200.0 (GUID). Consulting services to be determined. Power Holding Company of Nigeria Tel: (234-9) 413-6684, E-mail: maganiyu@nepapmu.org, Contact: Mansuru A. Ganiyu, Project Manager.
