Ibom Power

Ibom Power Company (IPC) is one of the first independent power plants in Nigeria. IPC was incorporated on the 15th January 2001 by Akwa Ibom Investment and Industrial Promotion Council "AKIIPOC'' under the Corporate Affairs Commission (CAC). The company was licensed by the Nigerian Electricity Regulatory Commission (NERC) on the 12th of May 2008. The plant site is located at Ikot Abasi Local Government Area (LGA) while the company has its corporate office in Uyo, the Akwa Ibom State capital with a liaison office at FCT Abuja. Ibom power plant has a total planned capacity of 685 Megawatt (MW) to be implemented in two phases - Phase 1 has an installed capacity of 191MW while Phase 2 has a planned capacity of 494MW for a total of 685MW. Gas supply to Ibom Power plant is from Seven Energy/Accugas facility at Uquo in Esit Eket LGA. Ibom power output is evacuated to the rest of the national grid through the Ikot Abasi - Eket 132kV transmission line. The power generated is sold to the Nigerian Bulk Electricity Trading Company (NBET) while NBET sells to distribution companies. IPC is a registered participant in the Nigerian Electricity Supply Industry (NESI).