FG approves procurement of 10 transformers, 10 reactors for TCN worth N6.86bn, says Power Minister
Kunle Sanni
The federal government Tuesday approved the procurement of 10 transformers and 10 reactors for the Transmission Company of Nigeria (TCN) at $4.8 million or estimated N6.76 billion and N102 million respectively, according to the Minister of Power, Adebayo Adelabu.
Adelabu, who spoke to reporters at Aso Villa after the two-day Federal Executive Council (FEC) meeting, said that this development will enhance the optimal performance of the national grid, reduce the risk of electrical shock and equipment damage, and protect personnel from the effects of high voltage.
The second approval, according to him, is for the construction of a 93-kilometre transmission line at Oji River/9th Mile (Enugu State) for a 132 KV double circuit transmission line at $33.9 million and N10.1 million.
Breaking down the approvals, he explained that the first is for the procurement of 10 transformers and 10 reactors for the Transmission Company of Nigeria (TCN) at $4.8 million and N102 million.
“This project will stabilise the national grid and expand its capacity, in line with the national grid expansion plan and the Presidential Power Initiative to increase the end-to-end capacity of the national grid.
“The third approval is for the supply and installation of 15 units of emergency restoration systems for 330 KV and 132 KV transmission lines, to enable the quick fixing of vandalised and damaged power infrastructure, valued at $14 million.
“This is a response to the impact of vandalism on power transmission assets, particularly in the Northeast, where there has been a two-week blackout due to vandalism.
“The Transmission Company of Nigeria (TCN) is working to fix the vandalised assets and restore normalcy to the region by the end of the month.
“The emergency restoration system will ensure 24/7 uninterrupted power supply, and the government is committed to ensuring the stability, sustainability, and cost-effectiveness of power supply, as well as planning for future growth.
“Overall, these approvals demonstrate the government’s commitment to addressing the challenges in the power sector and providing reliable power to citizens, which is critical for economic growth and development, the minister stressed.
