Azura-Edo IPP

Azura-Edo IPP

450mw open cycle gas turbine power station being constructed near benin city in edo state, nigeria. Learn more
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Azura Edo is a power generation company based in Nigeria, specializing in providing balancing power to stabilize the national grid. The company operates in the energy sector, focusing on industrial and agricultural development to support large-scale job creation and meet the complex demands of Nigeria's rapidly growing population. Azura Edo's business model involves the use of open cycle gas turbines to generate electricity, which is then fed into the national grid through the Benin North Substation. The company benefits from strong financial backing, including support from the World Bank Group and insurance from MIGA, ensuring the project's bankability to lenders and investors. Azura Edo serves a diverse range of clients, including industrial and agricultural sectors, and operates in a market characterized by high demand for reliable and affordable energy. The company generates revenue through the sale of electricity to the national grid, leveraging its strategic location and advanced technology to ensure efficient power evacuation.

Keywords: power generation, national grid, Nigeria, energy sector, job creation, open cycle gas turbines, World Bank support, MIGA insurance, industrial development, agricultural development.

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