Cummins Nigeria has installed 25.75MW power plants at Sapele Power Plant Plc in Delta State, Nigeria. The commissioning of the gas-fired plant which is set to stream in the third quarter of the year will provide to Nigerian homes and industries. The project manager, Cummins Nigeria, Sudipta Mazumdar has disclosed that the first phase will generate enough power to supply 200,000 homes in Nigeria, while the following phases will add additional capacity (MW) until the total installation reaches 300 MW as the agreement with PPA between Cummins Nigeria and Sapele Power Plc. He added that the power plant will generate electricity 24/7 and will be owned, maintained by Cummins Nigeria.
TCN embarks on Massive Transformers Installation to Boost Electricity Grid
The Transmission Company of Nigeria has embarked on massive grid expansion and rehabilitation projects in order to boost national grid for better electricity transmission across the country. Mr. Usman Mohammad, the Managing Director of TCN, made this disclosure at a press briefing in Abuja, stating that 27 transformers have already been installed to raise its electricity wheeling capacity by 2,148 megawatts (MW) in the last one year. According to a document made available by TCN management, TCN has installed the highest transformer capacity of 728 MW in the Kaduna Electric comprising of four transmission transformers. The second highest installation was Kano Disco where three transformers were installed with added 432MW energy delivery capacity. Abuja Disco was the third highest with a capacity of 368MW. TCN also installed 128MW capacity of two units transformers under Eko Disco in Lagos; Portharcourt DisCo network was boosted with 120MW capacity with two TCN transformers installed in Uyo and Calabar respectively.
$200m invested in off-grid renewable energy
The off-grid renewable energy space which most experts describe as the future of the Nigerian power sector have been said to enjoy an investment capacity of up $ 200 million in the last few years. The head of Power and Infrastructure, Corporate and Investment Banking, Standard Bank, Abiodun Oni disclosed this at the Nigerian off Grid Investment Opportunities Workshop organized by Energy Mix Limited to give more insight to potential investors in the sector. According to him, the figure would continue to increase because there is a lot of support from global financing for renewable and what is required further to spur the market more is access to commercial lending windows to accelerate growth. Oni said the Developmental Finance Institutions (DFIs) like the World Bank and other multilateral were putting a lot of efforts into renewables. He said global institutions that have clean technologies and environmental standards are also investing.