BPE:Nigeria Finalizing Plans For Super Grid Power Transmission System

The Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki has revealed that Nigeria is finalizing plans for a super grid power transmission system to cope with the anticipated increase in power generation in the country.
He made this known when he received a team from China Electric Power Equipment and Technology Company Limited, a subsidiary of the State Grid Corporation of China (SGCC).
He said the Transmission Company of Nigeria (TCN) was willing to consider all options to strengthen its wheeling capacity, adding that as the capacity of generation increases, TCN will become bankable due to increase in wheeling and transmission charges.
He urged SGCC to liaise with TCN to key into the planned massive improvement in the national grid system, adding that the sector requires massive investment for rehabilitation and new construction.
Speaking earlier, the leader of the delegation and Vice President of SGCC, Mr. Cheng Wei told the DG that the visit was a follow up to the visit of Chinese Prime Minister to Nigeria.
He stated that SGCC is China’s largest power company and the world’s largest utility company. He added that the company operates in China’s 26 provinces, covering about 88% of the land area with an over 1.1 billion customer base.
He said the company also operates China’s national transmission grid and that of Philippines, Brazil Transmission franchise and have recently acquired 25% stake in the Portuguese National Energy Grid Corporation (REN).
He asserted that the company’s Grid’s expertise ranges from planning, engineering, operation and maintenance to training in transmission and power grid operations, adding that the company had recently delivered a $1.4 billion project in Ethiopia as part of its Africa initiative.
He added that the company arranges financing for some of its projects.