About

Our Team

His Imperial Majesty Oba Adeyeye Enitan Ogunwusi, (Ojaja II) Ooni of Ife
Chairman, Board of Directors

Olumuyiwa Babatunde

GM Operations

Oyebanke Olawale-Shittu

GM Business Development

Teddy Akpovwovwo

GM Technicals/Project Head

Daniel Oluwadare Boboye

HSE and Compliance Consultant

COMPANY OVERVIEW

Vetron Power Limited was incorporated under the federal republic of Nigeria's COMPANY AND ALLIED MATTERS ACT 2020. To generate and distribute sustainable, reliable, cost efficient, and clean energy across the length and breadth of Nigeria, Africa sub-region, as well as the global market on a turnkey and off-grid captive basis using smart grid technology; As an authority in the energy sector (power generation and distribution), we also consult for both local and international brands/companies.

We pride our competence on our expertise and delivery techniques, which is second to none. Our collection of management team at top, middle and lower levels are not just amongst the best, they are simply the best with vast wealth of both technical and theoretical knowledge. At Vetron, we strongly believe in core competence and less distraction in your (customers) professional line of engagement which stimulates both local and international productivity, this is exactly what vetron stands for. We take care of all aspects of power plant generation, system maintenance, process monitoring and evaluation as well as contractual power distribution to meet your peculiar specifications/needs. 

Our scope includes civil works, gas infrastructure, regulatory permits, work safety global best practices and all technical works from generation to termination point. Our customers need not to worry over the hassle related to steady, clean and safer energy solutions; We transit power on a kilowatt per hour basis/ rate (kwh), giving you the opportunity to focus on your core business, thereby enabling you to achieve your organizational aims and objectives. we are gas powered either via existing municipal gas pipelines or trucked CNG/LNG in areas where gas pipeline infrastructures are not in place. Our targeted clients include telecoms, financial institutions, manufacturing companies, health care sector, educational institutions, estates etc.

We are amongst the foremost indigenous and best performing IPP companies in the country, working in synergy with both local and international joint venture partnerships.

HOW IT WORKS

  • The Customers’ interest expressed in writing.
  • We will conduct a comprehensive Power Load Audit at customers’ end
  • We will design a distribution module that best suits your power requirement(s)
  • A Power Purchase Agreement (PPA) is expected to be entered into with Vetron Power Ltd.; upon a formal understanding with both parties.
  • We will carry out both civil and auxiliary works for the proposed power plant.
  • The natural gas/ CNG/ LNG pipeline is extended to the client’s site and through a PRMS (Pressure Reduction and Monitoring Station), is connected to the power plant through a gas tray and gas regulators at various points. Upon commissioning, the Customer gets powered-up immediately.    
  • After a minimum of five years, the client will be given an option to buy the IPP based on contractual understanding; At a price based on the economics of variable at a prevailing market value.    

Metering

Vetron Power Ltd. uses Power Line Communications (PLC) system in order to meter the amount of electricity consumed by our customers graduated in kwhr. The meter installation is based on the power output specifications (single phase or three phases).   

Monitoring of the Network

  • Vetron Power Ltd. uses the Smart Grid Technology as a way of managing and maintaining its distribution networks.
  • A smart grid is a modernized distribution network uses information and communications technology (ICT) to gather and act on information, such as information about the quality and power parameters, in an automated fashion to improve the efficiency, reliability, economics, and sustainability of the production and distribution of electricity.

The Benefits

Vetron Power Ltd., using gas engines for IPPs has a number of benefits including:   

  • Facilities can be built as modular solutions consisting of individual engines
  • Drastic downtime reduction due to operational maintenance in comparison with diesel generators.
  • Significant flexibility in ramping up and down power production. An individual engine can operate down to 50% of the full fuel gas input.
  • Facilities can be deployed rapidly compared to other major centralized power plants
  • Gas engines have high electrical efficiency. Total fuel efficiency can exceed 90% if the unit is established for cogeneration, either linked to a local heat user or district heating network
  • Supporting local electricity grid through distributed generation
  • Heat recovery systems can be added to support district heating networks
  • Cooling can be generated via absorption chillers to support district cooling networks.
  • Improved financial, environmental, and commercial performance.