The Managing Director of the Transmission Company of Nigeria (TCN) says its on-going five year expansion programme, designed at expanding electricity transmission capacity to 11,500 Mega Watts(MW) by 2019 will require 7.5 billion dollars, BusinessDay reports.
He said part of the strategic plan was to boost its transmission capability to 8,200MW by the end of 2018, to ensure steady power supply. This he said, would be realized by completing eight of its new projects in 2018. He said that the ultimate expansion programme was designed to ensure the completion of 59 projects by 2019 in line with a total transmission capacity of 11,500MW.
He explained that the five-year plan had also been carefully developed with the overall aim of realizing uninterrupted power supply through the realization of 20,000MW by 2022. He also added that with the restoration of critical equipment hitherto neglected by the previous management, the transmission system has been relatively stable with zero system collapse.
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