Oscarline Onwuemenyi 16 January 2015, Sweetcrude, Abuja – The Federal Government said it has signed three Memoranda of Understanding, MOU, with Chinese companies to bridge the gap and boost the nation’s capacity to wheel generated power to end users.
A statement from the Media Head, Timothy Oyedeji said the Minister of Power, Prof. Chinedu Nebo at the ceremony identified the critical role of transmission, saying it is needless if generated power cannot be used, hence it is important to strengthen the engine that would ensure that the chain is not broken.
This is the first time government is signing a pact with investors on the development of the electricity value chain in 2015 after several pacts were signed last year for the building of thermal, renewable energy plants and manpower building mostly under the United States Power Africa initiative.
Prof. Nebo counseled the Chinese to also build synergy with Distribution and Generation Companies as they could build mutual relationship in the area of embedded or generated power within a locality and get such distributed through the Disco in the area.