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Cummins Energy strengthens cost effective power alternative solution for industries
Cummins Energy Solution Nigeria, leading power-generating firm says its leadership is poised to strengthen its expertise in offering cheap and efficient power for industries, office buildings and residential estates through its wide array of available gas generators.
Graham Christie, general manager, Cummins Energy Solutions Nigeria, says the Nigerian market has experienced a huge transformation from the time when consumers were more about procuring just diesel fuel to an age- where the consumer have become more enlightened; requesting knowledge in total life cycle costing, product suitability to their consumption patterns, and placing strong emphasis on aftermarket support.
Christie observes that considering the sharp hike in the price of diesel and Petrol Motor Spirit (PMS)- which are the major fuel employed in power generation in Nigeria, this presents a big advantage for gas generators, as they offer a much lower life cycle cost as compared to diesel generators, and with Waste Heat Recovery installations, for both hot or cold applications, the total gas generator efficiency goes beyond anything diesel generators could achieve; thereby reducing the resultant payback time on the capital cost of the equipment drastically.”
According to him, “It is an undisputable fact that the majority of private industries in Nigeria today rely on diesel generators for their power requirements due to the unavailability of natural gas. However, the rate of switching to natural gas generators is on the rise, as both the pipeline infrastructure is widening and awareness of compressed natural gas (CNG) is growing in Nigeria, and with Firms such as Powergas which is our sister company leading the CNG development in Nigeria, trucking natural gas directly to customer sites not connected to the pipeline has become hassle free, even with analysts’ predictions that natural gas fired generation is likely to dominate the market given its clear financial savings.
KELECHI EWUZIE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
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