He said, “In line with our strategy, we are completing aross the country several projects which would cumulatively add over 1,000MW transformer capacity to the grid before January 31, 2018.”
Browsing: Transmission Company of Nigeria
“The three highest Nigerian generation records have occurred this month on December 8,14 and 15 2017 (5,156MW, 5,077MW and 5,103MW),” said the report.
He explained that the Transmission Rehabilitation and Expansion Programme (TREP) which sought to decentralise significant aspects of project implementation to regions was designed to further increase the national peak transmission capacity.
He said, “The House is concerned that there was negotiation between TCN and the World Bank of the sum of $468 million IDA for the proposed Nigeria Electricity Transmission Project (NETAP). The project scheduled for August 29 had been postponed due to changes made to the staffing of the Project Management Unit (PMU) for World Bank-assisted projects in the TCN.”
“The first project is signed by the World Bank and this is the biggest project Power Holding Company of Nigeria (PHCN) and TCN has ever attracted in the history of Nigeria. We have never attracted more than $200 million. Now this $406million project is targeting brownfield projects.”
“You can see that debt is almost paid. That and all the regulations being put in place as highlighted by the Nigeria Electricity Regulation Commission are part of government’s commitment to its Power Sector Recovery Programme,” he noted.
Mupwaya said it was important to address the issue of electricity theft, given its significant effect to the transformation of the electricity industry in the country.
With the declaration and subsequent roll out of the regulation, each of the four categories of eligible customers in the electricity market now has an option: either to contract supply directly from the Generation Companies (Gencos) or to demand robust supply regime from their Discos.
He explained that the installation and commissioning of the 40MVA Mobile transformer was part of the effort by the present government to ameliorate the challenges encountered in generation and distribution of power across the country.
The TCN boss noted that these abandoned power transmission projects were scattered across the country and that a lot of them had largely been paid for by the government.