Managing Director of the Transmission Company of Nigeria (TCN) Mr Usman Mohammed has said his company will recover about 2,000 to 3,000mw because of the upgrade of its equipment.
Usman, who disclosed this Wednesday night during its quarterly press conference in Abuja, said the recovery of the 2000mw will shift the grid from present 8000mw to 10000mw.
He said the company has also recovered 775 power equipment containers out of 800 abandoned at the ports due to tariff related issues, while two have been declared missing, and two empty.
Though, the TCN MD did not disclose the contents or the value of the missing containers, he promised to work with his team to recover them.
Usman said: “We discovered that two containers were missing and we have reported to the police and they are investigating the matter. TCN is going to recover about 2,000 to 3,000mw with the present upgrade of its equipment. Which automatically means the grid will shift from 8,000MW to at least 10,000 MW.’’
He, however, disclosed that TCN had received 1.661 billion dollars from multi-lateral donors to boost power supply in the country.
Mohammed said TCN had raised significant amount to reinforce the system under the critical investment programme.
“As at today, the amount we have raised from multi-lateral donors has risen to 1.661 billion dollars to execute some power projects in the country.These projects include the Abuja Wheeling Scheme that will bring five sub-stations and bring a new supply route to the territory.
“The new route will be from Lafia to Abuja with 330 Kilo Volt (KV) line and two 330KV sub-stations in Abuja and put addition three numbers 132 KV sub-stations in the territory,’’ he said.
He said the contract for the project had been signed and divided into six slots, adding that 10 contractors had been pre-qualified.
The TCN boss said the company had used their staff to forcefully take over some contracts and those contracts were at the point of completion.
He stated that in spite of the massive investment so far recorded by the sector from the transmission end, the distribution companies were yet to match it with a proportional upgrade of their equipment.