Geregu nuclear power plant
| Geregu nuclear power plant | |
|---|---|
 | |
| Country | Nigeria |
| Location | Geregu, Kogi |
| Coordinates | 7°34′N 6°41′E / 7.57°N 6.69°E |
| Status | Proposed |
| Construction cost | US$10 billion |
| Nuclear power station | |
| Reactor type | VVER-1200 |
| Reactor supplier | Atomstroyexport |
| Power generation | |
| Units planned | 2 × 1,200 MW |
| Nameplate capacity | 2,400 MW |
The Geregu nuclear power plant is a twin-reactor nuclear power plant planned in Nigeria. The project foresees construction of two nuclear reactors supplied by Atomstroyexport and the plant would be located in Geregu, Kogi State.
It is part of efforts to find solution to the shortage of power supply in the country. According to World Bank, more than 40% of the country was without electricity in 2014. [1]
The Nigeria Atomic Energy Commission (NAEC) explained that the site had been selected for the construction of two nuclear reactors after due considerations. Preliminary licensing of the approved site is expected by the end of 2016 from the Nigerian Nuclear Regulatory Authority (NNRA) which has started the process of developing the license.[2]
On 30 October 2017, Russia’s state-owned Rosatom and Nigeria have signed agreements for the construction and operation of the nuclear power plant.[3]
The plant would be co-financed by Rosatom, which will build, own, operate and transfer (BOT) it to the Nigerian government. The estimate cost is about $10 billion.
In October 2022, Geregu became the first power company to list on Nigeria's Stock Exchange.[4]
References
[edit]- ^ "Russia to build nuclear power plants in Nigeria". www.bbc.com. 31 October 2017. Archived from the original on 1 November 2017. Retrieved 1 November 2017.
- ^ "Improved Power Supply: FG Proposes Nuclear Plants in Kogi, Akwa Ibom". BizWatchNigeria.ng. 23 June 2015. Archived from the original on 17 April 2016. Retrieved 1 November 2017.
- ^ "Nigeria signs Rosatom agreements to build nuclear power plant". www.reuters.com. 30 October 2017. Archived from the original on 1 November 2017. Retrieved 1 November 2017.
- ^ "Geregu Makes History, Becomes First Power Company to List on Stock Exchange – THISDAYLIVE". www.thisdaylive.com. Retrieved 2022-10-10.