Yemisi Izuora/Hyacinth Chinweuba
Powergas Africa is set to boost the use of Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) as alternative to power generation by industries in Nigeria.
The Company’s “Gas on Wheels” service is providing the industrial firms with a real alternative to dirty and expensive diesel fuel.
Speaking on the challenges faced by most manufacturing companies in Nigeria, Mr. Deepak Khilnani, Chief Executive Officer, Powergas Africa said that “the need for the adoption of Gas to Power Solutions by manufacturers in Nigeria is inevitable, because energy costs is a major challenge faced by most manufacturing companies today.
This has become imperative, more so, in these tough times where organizations are concentrating on cost optimization, import substitutions and energy security, and Nigeria’s Domestic Gas Reserves tick these 3 boxes perfectly.
There is a gap between the end-users and gas producers (due to developing Gas Pipeline Infrastructure), which Powergas is dedicated to fill in with its novel “Virtual Gas Pipeline” Solution in the form of Compressed Natural Gas (CNG) or Liquefied Natural Gas (LNG).
This not only optimizes production and increases efficiency for the manufacturers, but also ensures reliability and adequate supply, especially, in today’s times when “Fuel Shortage” is not uncommon.
According to Mr. Deepak Khilnani, most companies depend on Diesel Generators for their power requirements and this comes at a very high cost coupled with its impact on environment and public health.
He stressed that CNG/LNG remain one of the most reliable source of fuel for power generation for industries that require constant power for their production and processes, and in addition, to eradicate the above negative impacts of Diesel on Environment & Public Health, it is also cost effective and “Pilferage-Proof”.
He observed that many companies have shut down because of expensive energy cost, “but when a company adopts CNG, they save money, cost becomes low, they make more profit, pay more tax, employ more people and pay their salaries promptly. It is a fact that the cost of power generation from gas is far less than half the cost of diesel-generated power, and it will provide constant power supply as well as have a positive impact on the environment, this is why – Powergas Africa is -promoting clean gas energy as an alternate source of power generation.”
Mr. Deepak Khilnani also applauded the recent efforts and policy implementation of the Federal Government of Nigeria in the Power and Energy Sector, especially the giant strides that have been taken in the Gas-to-Power Sector.
He emphasized that the future of a resource-rich, high populous and power-deficit economy like Nigeria remains in the adoption of Domestic Natural Gas as a source of Fuel for Power Generation.
This, he said will decrease the pressure on the economy from Dollar-based Fuel Imports, and moreover will position Nigeria as a leader in Africa and set example for other Developing Nations to cut down its Carbon Emissions.
Mr. Deepak Khilnani reiterated the company’s deep commitment to ethical standards and professionalism, which has brought Powergas Africa naturally into the clean and renewable energy segment.The goal of Powergas is to ensure that as many industries as possible adopt CNG as a major source of power generation and ultimately drive increased production activities in the economy.