Govt to invest in power transmission infrastructure

*Power transmission tower.

Oscarline Onwuemenyi 15 March 2017, Sweetcrude, Abuja – The Federal Government has said it would invest in electricity transmission infrastructure, with the Transmission Company of Nigeria, TCN, being restructured to improve management and operational efficiency.
The government disclosed this in the newly-released 2017-2020 Economic Recovery and Growth Plan, ERGP, where it also announced plans to privatise the power plants built under the National Integrated Power Project, NIPP, in a bid to boost power generation and supply in the country.
The 10 power plants, whose privatisation had been stalled since 2014, have continued to suffer from a gas shortage. This was recently exacerbated by militant attacks on oil and gas facilities in the Niger Delta, the source of gas supply to the power plants.
The plants comprise the Alaoji Power Plant in Abia State, which has a design capacity of 1,131 megawatts, MW; Ihovbor Power Plant, Edo State (508MW); Calabar Power Plant, Cross River State (634MW); and Egbema Power Plant, Imo State (381MW).
Others are Gbarain Power Plant, Bayelsa State (254MW); Geregu II, Kogi State (506MW); Sapele II, Delta State (508MW); Olorunsogo II, Ogun State (754MW); Omotosho II, Ondo State (513MW); and Omoku II, Rivers State (265MW).
In 2005, the Federal Government incorporated the Niger Delta Power Holding Company Limited, to serve as the legal vehicle to manage the assets.
In 2013, the NDPHC management disclosed plans by the Federal Government to divest 80 per cent equity in the power plants, with the sale expected to generate about $6 billion for the government.

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