• June 23, 2021

FEC Approves N6.2 Billion For Six Projects In Power Sector


=== (AGENDAWATCHDOG) === About N6.2 billion has been approved by the Federal  Executive Council, FEC, for the award of contracts for six projects in the power sector.

This cheering news was disclosed by Mr Mamman Saleh, the Minister of Power, during a chat with State House correspondents on Wednesday at the Presidential Villa in Abuja, the nation’s capital, at the end of the 44th virtual meeting of the Federal Executive Council presided over by President Muhammadu Buhari.

Efforts being made by the government to improve power supply in the country dominated discussions at the meeting, following which the council approved all six memos presented for consideration.

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The approvals included the award of a contract for the design, manufacture, and supply of critical spare parts for Crompton Greaves 330KV, 132KV, and 33KV circuit breakers at N298,339,887.04; and procurement of 50 sets of 400AH battery banks – 30 to 50 volts, and 30 number of 110 volts battery charges for the substation used by the Transmission Company of Nigeria (TCN) at N644,805,953.10.

Others were award of contract for the design, manufacture, and supply of three 60/66 MVA 132KV power transformers with accessories, and 15 number of 500 kV transformers, 33/0.415KV earthing transformers for the TCN at N1,296,953,044.55 with a delivery period of 12 months.

According to Saleh, the government was doing its best to stabilize power supply across the country by replacing some obsolete and outdated equipment, adding that the government also wanted to ensure that the country upgrades the supply from 4,000 megawatts to 5,000, to 6,000, to 7,000 megawatts.

PROJECTED IMPACT: The procurements, which are geared towards upgrading the transmission system to the national grid, will result in greater efficiency and ensure sufficient power supply to the nation in no distant time.


Agenda Watchdog

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