The approval which was endorsed by President Goodluck Jonathan, after a meeting with the Presidential Action Committe on Power (PACP), at the Presidential Villa, Abuja is completed in four years.
Ima Niboro, special adviser on media and publicity said in a statement that “$3.5 billion power project is expected to fulfill Nigeria’s need to transmit increasing amounts of power across vast distances which the existing 330/132KV grid cannot meet”...
Niboro stated that “in granting approval for the SuperGrid President Jonathan
directed that it should be funded as a federal asset with additional
financing from private investors and international finance and development agencies”.
“The SuperGrid which will run along the same route as the existing 330/132KV grid will also address Nigeria’s future energy challenges including transition to more sustainable energy sources, reduction of power loss per transmitted megawatt and improving power voltage profiles across the country,” he stated further.
The presidential spokesman said “the huge advantage of the 700 KV supergrid
over the existing 330/132 KV grid is that it will significantly reduce
the huge amount of power currently lost in transmission”.
He said that “without the supergrid, the quantum of power lost in
transmission will continue to increase as more power progressively
becomes available for evacuation from new and rehabilitated generating
stations. Periodic systemic failures will also become more frequent”.
Niboro said “Nigeria’s available generation capacity will rise to 6939 MW by April next year
and 14019 MW by December 2013.In another development, President Jonathan
will on Thursday, August 26, 2010 present a new roadmap for the reformation of Nigeria’s power sector to the country’s private sector”.
He said President Jonathan will on Thursday, August 26, 2010 present a new
roadmap for the reformation of Nigeria’s power sector to the country’s
private sector
Comments