jeff juwana
Moderator
According to the Minister of Power, Prof. Chinedu Nebo on Wednesday, the Federal Government is set to commission seven power plants and 150 new sub-stations built across the country. This is coming after the establishment of 10 power plants across the country in the National Integrated Power Plants (NIPP) project.
He further announced that the council approved 10.2 million dollars for the procurement of six units of 40MVA 132/33KV Mobile Substations (with spare parts and accessories) to boost electricity supply across the country. He said an additional N247.3 million was approved for the clearing of the equipment at the port, its transportation and Value Added Tax (VAT).
“The reason for the mobile substations is to make sure that whenever we have these repairs on some of these substations that are in the state of disrepair or that need to be entirely changed, we have mobile stations that will stand there that will give respite to electricity consumers located where this major repairs are going to take place; they are also to provide emergency relief where major power disruption occurred, sometimes as a result of disasters occasioned by weather and ultimately they are like spare parts, you can redeploy them whenever the need arises to boost electricity supply.’’
The minister said that 138 direct and 1,380 indirect jobs would be created at the six substations expected to be completed in eight months.
In response to the delay in payments from the preferred bidders for PHCN successor companies, Nebo expressed the hope that the bidders would meet the deadline as many of them had responded positively as at Tuesday.
‘‘As many of you already are aware, today is the last day for the payment of the 75 percent of the remaining amount of the money owned by the preferred bidders of the GENCOs (Generating Companies) and DISCOs (Distribution Companies) that have been privatized.
‘’And I’m very happy to announce to you that we are getting very positive results that many of these GENCOs and DISCOs are living up to expectations.’’
He further announced that the council approved 10.2 million dollars for the procurement of six units of 40MVA 132/33KV Mobile Substations (with spare parts and accessories) to boost electricity supply across the country. He said an additional N247.3 million was approved for the clearing of the equipment at the port, its transportation and Value Added Tax (VAT).
“The reason for the mobile substations is to make sure that whenever we have these repairs on some of these substations that are in the state of disrepair or that need to be entirely changed, we have mobile stations that will stand there that will give respite to electricity consumers located where this major repairs are going to take place; they are also to provide emergency relief where major power disruption occurred, sometimes as a result of disasters occasioned by weather and ultimately they are like spare parts, you can redeploy them whenever the need arises to boost electricity supply.’’
The minister said that 138 direct and 1,380 indirect jobs would be created at the six substations expected to be completed in eight months.
In response to the delay in payments from the preferred bidders for PHCN successor companies, Nebo expressed the hope that the bidders would meet the deadline as many of them had responded positively as at Tuesday.
‘‘As many of you already are aware, today is the last day for the payment of the 75 percent of the remaining amount of the money owned by the preferred bidders of the GENCOs (Generating Companies) and DISCOs (Distribution Companies) that have been privatized.
‘’And I’m very happy to announce to you that we are getting very positive results that many of these GENCOs and DISCOs are living up to expectations.’’