Energy
FG to transmit additional 624mw
The Federal Government have inaugurated the construction of nine 330 KV transmission lines with the capacity to deliver additional 624 Megawatts of electricity to the Federal Capital Territory and environs.
At a ceremony held in Dawaki, Abuja, the Permanent Secretary, Ministry of Power, Dr Louis Edozien, charged the Managing Director, Abuja Electricity Distribution Company, Mr Ernest Mupwaya, and generation companies to ensure effective use of the facility at completion in two years.
Edozien said, “It is the distribution company that must play the role in taking this extra capacity and delivering it to customers.
“At the same time, the partnership also expects the generation companies to produce power because if they don’t produce another 624mw, it is only the engineers that will at the end of two years admire the facility.”
Edozien said it was time for the DISCOs to consider a more purposeful and successful financing intervention for the distribution and the retail end of the electricity chain.
Speaking at the ceremony, the Managing Director of Transmission Company of the Nigeria, Mr Usman Mohammed, said that the purpose of the project was to address the challenge of transmission in the Federal Capital Territory.
Mohammed said that the company saved about N25m from the procurement process, adding that the contractors were ready to mobilise for construction before payment.
-
Football4 days agoArgentine presenter Florencia Peña resigns after false on-air report about Lionel Messi’s father
-
Business6 days agoNigeria launches FreeTV digital platform with over 100 free channels
-
Business4 days agoAward-winning Mitsubishi L200 gets anniversary price cut in Nigerian market
-
Comments and Issues1 week agoA tale of two kidnappings
-
Business3 days agoThe CBN’s Exposure Draft on Holding Companies of Banks: Matters Arising
-
Football5 days agoAfrican Teams Show Resilience on FIFA World Cup 2026 Matchday One
-
Latest3 days agoTinubu Grants Customs Boss Adeniyi Final Six-Month Extension to Oversee Single Window Project, Succession
-
Latest3 days agoSex video leak sparks disciplinary action as FUOYE suspends two students

