The management of the Transmission Company of Nigeria (TCN) said it has received a total of $1.57 billion as pledges from international donors to finance critical projects that will soon result in improved electricity transportation from generation to distribution companies.
TCN chief executive officer, Mr. Usman Gur Mohammad, who disclosed this at the weekend in Abuja, attributed the development to improve transparency and project implementation capacity employed by the company under his management.
Addressing the media recently, he listed 5 key projects that has attracted donor funds from the time he assumed office in February 2017 to date to include: Abuja transmission ring scheme which is financed by the French Development Agency which attracted $170 million; the Nigeria Electricity Transmission Access Project (NETAP), a $486 million project financed by the World Bank; Lagos-Ogun Transmission Project, costing $200 million financed by Japanese International Agency (JICA); Northern Corridor Transmission Project to be financed by French Development Agency and European Union at $245 and €25 million respectively and Nigeria Transmission Expansion project to be financed by the African Development Bank at the cost of $410 million.
Speaking on the specific of each project, the CEO said the procurement process of the Abuja Ring Scheme has reached the final stage.
He stated that two contracts for the lines have been signed and the remaining lots for substation projects have been evaluated and submitted to AFD for No Objection.
He said the project will fund five new substations and a new 330 KV transmission line to Abuja through Lafia, stressing that the line is entirely a green field project.
He said the NETAP started with advanced procurement in 2017 and was approved by the board of the World Bank in February 2018.
He stated that the procurement of the project has reached advance stage but is yet to become effective as it is still awaiting approval and legal opinion of the Attorney General and Ministry of Justice. The project according to him is a brown field geared toward upgrading most of the transmission substations to N-1 redundancy criteria.
The Lagos-Ogun Project, Usman explained was inherited from past management of TCN and has been completely scoped, designed, with some major aspects already completed.
He noted that the project was being delayed due to issues of compensation. The project will include the construction of five substations and associated 330KV and 132 KV transmission lines in Ogun state and 132 KV substation in Badagry in Lagos state.
Appraisal of the Northern Corridor project was completed on September 28, 2018, and has been approved by the board of AFD and EU recently, he said. The project will include building two new 330KV double circuit transmission lines; Kainji-Birnin Kebbi-Sokoto and Kastina-Daura-Gwiwa-Jogana-Kura line.
In addition the project will include the reconstruct of one out of the two old Shiroro-Kaduna 330KV single line into a quad line, and build four 330KV substations in Sokoto, Jogana and Bauchi.
While the AfDB financed NTE project will involve the reconstruct of the Alaoji-Owerri-Ontisha 330 SC line and the Ughelli-Benin 330KV line into quad lines as well as the construct of 330KV quad line between Kaduna to Kano and also fund several 132KV transmission lines in Borno, Adamawa and Yobe states.
While commending the President Muhammadu Buhari and the Minister of Power, Works and Housing, Mr Babatunde Fashola, for the support towards ensuring the provision of electricity to Nigeria, the TCN CEO noted that except the distribution companies increase their investment in infrastructure the results of the huge investment in generation and transmission will not be enjoyed by the people.