GETTING HANDS DIRTY SORTING OUT POWER FOR NIGERIANS

06/10/2013 13:43

 

Commissioning a 700MW Zungeru power plant in Niger State


Progress on Roadmap Implementation:

  • Successful bid for the unbundled PHCN companies (11 Discos and 6 Gencos).

  • Creation of the Nigeria Bulk Electricity Trader and NELMCO.

  • Licensing to facilitate privatization of 34 IPPs, of which 3 have commenced operations.

  • Introduction of Cost Reflective Tariffs to make private sector investment attractive.

  • Concession of the TCN to a private provider (Manitoba Hydro) to upgrade and expand the transmission network.

Impact

  • Power generation increased from 3,514MW in 2011 to 4,500MW as at Dec. 2012.

  • The average hours of power availability in 10 major cities has increased from a low of less than 9 hours a day in 2011 to around 15 hours in 2012.

  • There will be an additional 2,500MW from NIPP plants by end of 2013.


Relevant Information
There is however a realization that there is still a long way to go but the present privatization and liberalization policy in POWER sector will enhance positive changes as it has done in Telecoms.
 


Minister of POWER, Chinedu Nebo

 

 

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