The Transmission Company of Nigeria (TCN) said that its target is to complete 22 critical projects captured in the 2016 Budget before the end of 2016.
Engr. Abubakar Atiku, Managing Director and Chief Executive of TCN, disclosed this in a press briefing in Abuja.
He noted that resolve is part of efforts to meet President Muhammadu Buhari’s aspiration to achieve 10,000MW.
According to Atiku, “We have therefore planned our five years expansion programme to ensure that by the year 2019, we meet up with President Muhammadu Buhari‘s aspiration for achieving 10,000MW. In the same vein, we are working assiduously to meet up with the incremental Power Plan announced by the Honourable Minister of Power, such that by the end of 2016, we have increased our present wheeling capacity from 5,500MW to 6,000MW.
He added, “We planned to realize this from the completion of 22 critical projects captured in the 2016 Budget. We hope to increase our capacity, thereafter to 7500MW with completion of about 31 projects by the end of year 2017.”
He spoke in company of TCN Executive Directors, took a swipe on some of the electricity distribution companies accusing them of unnecessarily rejecting electricity supplied to them and turning back to describe the TCN and the weak link in electricity supply value chain.
He said that TCN has mapped out strategies to boost its transmission or wheeling capability to 8200MW by the end of 2018.
He said the company intends to achieve this feat with the completion of eight new projects in the year 2018.
He noted that as part of efforts to realize the 10,000MW as envisaged in the year 2019, the company’s five year expansion plan has 56 projects to be completed which will lead to a total wheeling capacity of 11,500MW by the year 2019.
“The plan has also been carefully developed with the aim of realizing steady electricity supply with the realization of 20,000MW by the year 2022,” he said.
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