Prof. Eyitope Ogunbodede, Vice Chancellor of the Obafemi Awolowo University (OAU), Ile-Ife, Osun State, on Monday revealed that the institution would by October leave national grid to generate its own power.
The VC made this known while declaring open the African Institute for Science Policy and Innovation International Biennial Conference.
He said by the time the university exited the national grid, between N35 million and N65 million being cost of energy would be saved monthly.
Prof. Ogunbodede, who noted that the institution’s daily energy needs was below six megawatt, stated that the gas turbine that would power the university and its teaching hospital was capable of generating over eight megawatt daily.
While listing other grants of the project, the VC said some neighbouring communities would also benefit from the excess energy that the turbine would generate.
“One of the key challenges we have is the unstable supply of energy. In fact, it is so erratic that you cannot plan any meaningful research. Luckily now, we are working with Rural Electrification Agency to provide for us a gas-powered turbine that will generate 8.0 megawatts of electricity.
“What we consume as a university is between 5 to 6 megawatts daily. With 8.03 megawatts, we will be comfortable. This project started in 2017 and the completion period is two years.
“However, due to the fast pace of the work, the project will be delivered by the end of October, 2019. We are now very sure that by the end of October, OAU will be generating its own electricity and what that means is that we will be off the national grid,” the VC stated.