Environmental and Social Impact Assessment for Oma Independent Power Projec (DFC-OMAPOWER)

Countries
  • Nigeria
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Oma Power Generation Company Limited
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ DFC website

Updated in EWS Jun 27, 2020

Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The Project involves the design, construction, commissioning and operations of an approximately 500 megawatt (MW) gas-fired, simple-cycle power plant. Power generated by the Project will be exported to the national electrical grid under a 20-year Power Purchase Agreement with Nigerian Bulk Electricity Trading (NBET), a Federal Government of Nigeria owned Public Liability Company

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Geometric Power Limited’s Oma Independent Power Project – Final ESIA
c/o: Ifeanyi Timothy Ononiwu
Director, Business Development & Project Finance
Geometric Power Generation Company Limited
No 5 River Benue Street
Maitama, Abuja FCT, Nigeria

Seven Energy/Accugas’ Ukanafun-Oma Power Plant Gas Pipeline Project – Draft ESIA
c/o: Ndidi Ejekam
Senior Commercial Advisor, Gas Markets
Seven Exploration & Production Limited
35 Kofo Abayomi Street
Victoria Island, Lagos, Nigeria

How it works

How it works