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MTN Unveils Tri-Generation Plant to Produce Power, Recycle Water

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The MTN Group has recorded a major breakthrough in power generation on the African continent with the development of a self-sustaining, environment-friendly power supply initiative. A team of engineers at MTN’s Network Group came up with the unique solution – a 2-megawatt (MW), methane-driven tri-generation plant, which is the first of its kind on the African continent.
Speaking at the unveiling of the plant, Karel Pienaar, managing director of MTN South Africa, stated that, in the current climate, there is greater pressure on companies to do more with less in a responsible and sustainable way.
“With our ‘Greening 14th Avenue’ project, we are making a concerted effort to ensure that all our business practices are aligned to a sustainable, cost-cutting model that will reduce our carbon footprint. We needed to ensure that the company’s expansion and growth plans were not hampered by energy shortages or a lack of the power supply we require at the MTN campus to drive the business forward. Our challenge was to look at what was available versus what we needed, and come up with a plan to connect the two.
“The tri-generation plant is the result of a unique solution to meet our strategic objectives. It will generate electricity and, through a second re-absorption chiller cycle using the waste heat, will generate water for the air-conditioning systems in our buildings. The idea of using methane gas to generate energy got us all thinking and the tri-generation power plant is the end result,” explains Pienaar.
Methane gas is a clean-burning, sustainable gas that is reliable and offers a consistent supply. Its journey to the MTN Campus at 14th Avenue in Fairlands, Johannesburg, covers a distance of 874kms, from the Mozambique coast via Secunda and Sasol to Egoli Gas. A grid at the MTN Campus is connected to Egoli Gas to transport the gas down a pipeline to the tri-generation plant that is currently under construction below the Phase II building.
“Today, we are about to witness what was just a plan in October 2008, becoming a reality, in enabling us to manage potential energy shortages and reduce power consumption, increase savings, and initiate a sustainability model to reduce our carbon footprint.
“This plant will also assist us in reducing the greenhouse gas emissions associated with the electricity consumption here at our headquarters, resulting in a reduction of coal-based electricity generation and its associated environmental consequences,” comments Pienaar.
When the plant is fully operational and producing 2 MW of power, MTN expects a return on its investment of R22 million within a five-year period.
“This proactive approach to generate our own electricity has resulted in various other positive ‘green’ spin-offs, and places us in a strong position to deliver on the company’s business and growth plans in a sustainable way,” says Pienaar.
Speaking at the function at MTN, Dina Pule the deputy minister of communications, , commented: “Nothing less than a shift from a high to a low carbon global economy is required and in many cases, ICTs appear to offer the best way to accelerate this.
“Therefore, I am elated to witness that your growing corporate footprint is consistent with your thrust to reduce your carbon footprint. In fact, it is comforting to see that you are going the extra mile to make our sector even greener and safer for future generations.
“This tri-generator plant electricity plant by MTN is evidence that you are an environmentally-friendly and good corporate citizen,” stated Pule.
By generating its own power, MTN is now in a position to plan its own grid to roll-out its services to areas where they are needed. As a spin-off, the plant will produce an estimated 800kW of cooling for free, resulting in further savings in the building’s air conditioning processes.
Using the tri-generation plant, methane gas is burned in the machines and the energy created by the gas-fired engines generates heat and electricity. The waste heat from the engines will be used in the absorption chiller to cool the water. This chilled water is then supplied to the air-handling units that supply the cooled air for the electronic equipment housed in the new building – the Test Switch centre on the ground floor and the Data Centre on the first floor.
The water from the six huge cooling towers is used to cool down the heat from the engines. As it is not used in the absorption cycle, this ‘grey water’ is then recycled through the Phase 1 and Phase 2 buildings on the MTN campus to flush the toilets. All the plant’s processes have been designed to result in savings in the water and electricity costs. And, once it is running at 100% capacity, the plant’s load excess will power and cool the campus.
Another positive and unexpected spin-off for MTN with the development of the tri-generation plant is the resultant reduction in its carbon footprint.
“We have been able to register this initiative as a carbon credit project with the UN-based project to offset the costs associated with purchasing the gas and the tri-generation plant.
“We are seen as ‘green’ through the reduction of greenhouse gas emissions associated with electricity consumption and the consequent reduction in the generation of coal-based electricity and its associated environmental consequences. So, we earn credits while generating our own electricity and recycling the water. It is a win-win situation,” states Pienaar.
MTN is not the only company looking at ways to generate energy while having to cut costs and make savings, and has taken a hard look at ways to counteract the current situation. Its pro-active and innovative approach to save costs and become self-sufficient in generating its own power has enabled it to plan its roll-out grid and provide services when and where they are needed.
“Through our efforts to reduce our carbon footprint and increase our focus on sustainability and our ‘Greening 14th Avenue’ initiative, MTN Group is showing its commitment to lead by example. And, what better way to do this than by creating our own source of sustainable energy,” states MTN Group CEO and President Phuthuma Nhleko.

 

 

 


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E-Business

How to Save up to 5% on Your Next Gift Card Purchase on PalmPay

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We’re excited to announce that purchasing gift cards in Nigeria has never been easier and more rewarding. No more difficulty, just a few taps on your phone, and you’re all set.

Exclusive Offer Alert

Whether you’re treating yourself or surprising a friend, simply log in to the PalmPay app to enjoy an exclusive 5% discount on your gift card purchase. This fantastic offer runs from July to September 2024, so don’t miss out!

Why PalmPay Gift Cards Are a Game-Changer:

  1. Extensive Selection: Access a wide variety of gift cards for popular platforms like iTunes, Spotify, Amazon, Google Play Store, and many more. Shopping has never been this convenient!
  2. Reliability: Purchase with confidence knowing that your gift card will work seamlessly. PalmPay ensures a remarkable 99.5% transaction success rate.

How to Get Your Gift Card:

It’s incredibly simple:

  1. Download the PalmPay App: If you haven’t already, head over to the Google Play Store or iOS Store and download the app.
  2. Open the App: Launch the PalmPay app on your device.
  3. Select Your Gift Card: Navigate to the ‘Gift Card’ section, choose your country, select the desired amount, and complete your payment.

Voila! Your gift card is ready to use.

Join the Celebration

Do you know someone who’s been having trouble getting a gift card? Spread the word and share this amazing news with them. For more details and updates, be sure to follow us on our social media channels.


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Tolaram Taps Adesuwa Ladoja as MD/CEO of Lagos Free Zone

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Board of Directors of Tolaram, one of Nigeria’s leading conglomerates, has appointed Adesuwa Ladoja as the Managing Director/Chief Executive Officer of the Lagos Free Zone (LFZ) Company, one of its subsidiaries.

Adesuwa Ladoja

Adesuwa Ladoja

In a statement issued by the Board of Directors to its stakeholders, the appointment is effective July 1, 2024.

Adesuwa Ladoja takes over from Dinesh Rathi, who has been moved to the position of Group Finance Director of Tolaram.

According to the release, Ladoja brings extensive experience in infrastructure development and strategic leadership.

“She has been a key player in the development of the Lekki Deep Sea Port project, leading to its financial close in 2020, the completion of its construction in 2022 and commercial operation in 2023. Her leadership and strategic vision have been critical to the project’s success.”

Ladoja, a Lawyer, started her career in general commercial practice and litigation as an Associate at Ajumogobia & Okeke. This was followed by over a decade at KPMG Professional Services, where she specialised in Tax, Regulatory, and People Services.

She holds a Bachelor of Law degree (LL. B Hons) from Obafemi Awolowo University and a Master of Law (LL.M Hons) degree in International Business Law from King’s College, University of London.

Ladoja is a member of the Nigerian Bar Association and several other professional bodies and a notary public of the Supreme Court of Nigeria.

According to the Board, Ladoja’s multifaceted expertise will be invaluable in driving the Lagos Free Zone Company’s growth and innovation agenda.

Ladoja said: “I am honored to be given this opportunity, and I look forward to continuing the good work done by Dinesh and the team at LFZ in creating a unique industrial ecosystem which places sustainability and customer-centricity at its core.

“Lagos Free Zone with its integrated Lekki Port is the perfect illustration of what ease of doing business represents and we look forward to hosting more companies.”

Established in 2012, Lagos Free Zone is an award-winning port-based industrial zone (850 hectares) in Lagos, Nigeria, with over $2.5 billion committed FDI projects to date.

Owned and promoted by Tolaram, LFZ is located in Lekki, the sunrise development corridor in Lagos. With its vision to be the preferred industrial hub in West Africa.


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Nigeria introduces 7.5% VAT on crypto transactions

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KuCoin, a leading cryptocurrency exchange, has announced it will begin collecting a 7.5 percent value-added tax (VAT) on transaction fees for its users in Nigeria.

The decision follows a recent regulatory update in the country, prompting KuCoin to introduce the VAT.

In a statement released on July 3, KuCoin confirmed that the VAT deduction will take effect from July 8. The company clarified that the 7.5 percent VAT will be applied specifically to the transaction fee, not the total amount. For example, if a user purchases $1,000 worth of Bitcoin with a 0.1 percent fee, the transaction fee would be $1. Consequently, the VAT on this fee would be $0.075, making the net amount for the transaction $998.925.

The statement read; “We are writing to inform you of an important regulatory update that impacts our users from Nigeria.

“Starting from July 8th, 2024, we will begin collecting a Value-Added Tax (VAT) at a rate of 7.5% on transaction fees in each trade for users whose KYC information is registered in Nigeria.

“Nb: The 7.5% is only charged on the 0.1%/0.05% transaction fee and not your total amount which will be remitted.

“Please note that the VAT will be applied to the transaction fees in each trade, not the transaction amount, and covers all transaction types on KuCoin platform.”


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