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Ando Energy: Your Light When All Else Fails

Ando Energy is a waste disposal and energy generation company that plans to collect waste from Port Harcourt households, convert it to energy using their patented generator, and sell the energy back to the local utility. Their goals are to power Port Harcourt, then expand across Rivers State and the South-South region. They have projected annual revenues of $53.9 billion with $34.6 billion in profits by disposing of waste for a fee and selling the generated energy. They are seeking a $10.54 billion loan to fund construction of waste and power facilities.
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0% found this document useful (0 votes)
52 views14 pages

Ando Energy: Your Light When All Else Fails

Ando Energy is a waste disposal and energy generation company that plans to collect waste from Port Harcourt households, convert it to energy using their patented generator, and sell the energy back to the local utility. Their goals are to power Port Harcourt, then expand across Rivers State and the South-South region. They have projected annual revenues of $53.9 billion with $34.6 billion in profits by disposing of waste for a fee and selling the generated energy. They are seeking a $10.54 billion loan to fund construction of waste and power facilities.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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ANDO ENERGY TM

YOUR LIGHT WHEN ALL ELSE FAILS


Content

• Our Company
• Mission
• Vision
• Benefits
• Marketing and Selling
Our Company

• Ando Energy is a “waste to energy” company committed to


producing solutions to the waste disposal and energy challenges in
Port Harcourt environ.
• It was registered on 11th of August 2011 with the CAC with an
office located in Trans Amadi Layout, Port Harcourt.
• It is an Equal Partnership by Engr Emmanuel Anuka and Professor
Oseghale Donald Okoh.
Executive Summary

• Ando Energy is a company with operations comprising of two major


sectors; energy generation and waste disposal.
• Waste will be collected from each household in Port Harcourt at a
nominal fee of N1000 a month, the organic and plastic waste
collected will be incinerated and used to power a steam turbine
for power generation using the Ando energy power generator plant
(patented). The energy generated, about 25,000 Mw will be sold
to the government at N950.58 per Kw.
Organizational Chart
Board of Advisors

• Dr G.C. Okolo (CEO of Glean Productivity Consults)


• Mr Lee Tsun (CEO of British Energy, UK)
• Prof Bart Nnaji (Former Minister of Power, Nigeria)
• Dr Okonjo Iweala (Former Minister of Finance, Nigeria)
Mission and Vision

• Mission
To meet the growing demand for energy in Port Harcourt while
reducing waste disposal challenge in the city using ANDO energy
converting facility

• Vision
To conquer Port Harcourt entirely within the first year, Rivers state
within the next two years, South- South within the next five years
and Nigeria within the next ten years.
Benefits

• Provision of a 24hour power generation system for Port Harcourt


and its environs
• Gross reduction in the waste disposal challenge in Port Harcourt
‘Make Port Harcourt clean again’
• A payback period of 2 years with an interest of 8%
• Opportunity to hold 20% equity in 10 years when the company
goes national and subsequently public
Marketing Strategy

• Free waste disposal from households for the first three months
• Liaise with the government to ensure customers are given energy
discounts when they turn in more organic and plastic waste
(Target: Food/organic waste Industry)
• Website/ Social media/Bulk SMS/ Liaise with Government to
create awareness on proper waste sorting and disposal system
through radio stations and TV stations ( potentially government
sponsored)
Proposed Costing

• Combustion plant – 10 billion


• Structures: Ando Energy House – 7 billion
• Temporary storage – 500 million
• Trucks: 100 trucks at N7.36 million – 736 million
• Operational Cost for the first year – 800 million
• Unforeseen costing – 500 million
• A total of 19.54 billion
Proposed Revenue

• The waste disposal system is based on Nigerian Census Board’s


allocation of 5 million households in Port Harcourt, assuming half
of these household pay the monthly N500 for waste disposal, we
will generate N2.5 billion a month, N30 billion a year.
• The power generating system is based on the ongoing rate of
N950.58 per Kw and the 25,000Mw proposed to be sold to the
PHED, The revenue generated annually will be 950.58 x 25000Mw x
1000 = N23.9 billion annually
Annual Turn Over

• Total Cost = 19.54 billion


• Total Revenue = 53.9 billion
• Profit = 34.6 billion
• Profit after tax = 24.2 billion
What we need from you

• The Government has granted us a loan of 8 billion and we were


able to come with 1 billion.
• Presently we are sourcing after a loan of 10.54 billion to be
payable after 4 years.
Appreciation

• Thank you for granting us an audience, we hope we have


convinced you to invest in our venture

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