1. EMERGENT POWER DEVELOPMENT CO. LTD.
INSTALLATION OF 35MW GAS-POWERED ELECTRICITY PLANT
PROJECT INFORMATION
INCEPTION: July 2015
DESCRIPTION: Installation and operation of 15 Nos. 35MW electric plants in Lagos State
LOCATION: Various (Depending on allocation from Lagos State Government)
COST: $50m each (Total cost=$750m)
DURATION: 45 months from project inception.
OWNERSHIP: Public-Private Partnership (LASG 15%: Private Investors: 85%)
FINANCING: Equity & Debt
OFF-TAKERS: Eko DISCO and Ikeja DISCO
PROMOTERS: Emergent Power Development Co. Limited
PARTNERS: PowerCap Limited (Nigeria), Aldwych Capital Partners (USA), General Electric (USA),
Prometheus Renewable Energy Development Solutions Ltd. (Hungary),

2. KEY ACTIVITY FOCAL POINTS:
DEVELOPMENT MANAGEMENT
 Review any existing project documents, collection of project data, analyzing the different power generation options
 Establishment and utilization of new legal entity for the preparation of the program (if any)
 Preparation and maintenance of new website for existing or new project company
 Study the legislations related to the actual projects
 Establishment of government relations, networking
 Establishment of local private sector relations, networking
 Review, modification or preparation of conceptual studies for the different technology options
 Optimizing the technology on the basis of the available information, raw materials and the market demand of the
different potential end products.
 Setting the proper capacity of the plant.
 Selecting the optimal site
 Securing the necessary volume of fuels, energy sources on long term with contracts, concessions.
 Securing the guaranteed operation and maintenance structure during the lifetime of the project.
 Securing and negotiations of the Power Purchase Agreements
 Preparation of Preliminary and Detailed Business Plan
 Preparation of Pre-feasibility and Detailed Feasibility Studies for the different project options

3. PROJECT MANAGEMENT
 Setting the project implementation structure and methodology
 Setting the method for selecting the suppliers, procurement strategy
 Possibilities for Worldwide/EU/Local suppliers
 Setting up the Project organization
 Licensing, Permitting and Quality Assurance
 Preparation EPC bid packages, invitation, specifications
 Evaluating the received bids, especially
 Checking the bid for completeness of the information requested
 Checking the scope and limits of supply of services and interfaces
 Evaluating the technical features of the equipment and structures and the adequacy of the services
 Evaluating the prices, the completeness of the proposed services
 Preparing questionnaires, evaluation reports (including the identification of problem areas) and technical
documents.
 Proposing for the award of the contract, negotiations and advise during the contract signing process
 Preparing the project schedule and controlling deviations from it
 Ensuring project definition in the form of project requirements and specifications and controlling changes
 Expediting engineering and subcontractor deliveries
 Controlling project interfaces inside and outside the organization in charge of the project
 Controlling EPC contract compliance, progress
 Ensuring timely and proper preparation of licensing documentation and applications as well as adherence to compliance
procedures
 Providing problem solving leadership and assistance where needed, and establishing a project risk analysis and risk
reduction program
 Monitoring and controlling costs
 Ensuring progress payments and preparing claims for justified price changes
 Ensuring quality assurance and control
 Providing assistance, proper interfacing and transfer of information within the different actor at the site
 Reporting progress, reports to the lenders, owners
FUNDING
 Setting the most optimal ownership and financing structure
 Preparation and submission of licensing or concession documents, bids for individual projects
 Preparation of Preliminary or Detailed Investor’s Information Memorandum for individual projects
 Distribution of the Information Memorandums, invitation of potential investors, advisory services during the
negotiations
 Preparation of Grant applications, submission and follow up, supporting during award and utilization
 Financial advise during the loan agreements preparation, negotiations