•TCN spends $3m on transco aerial survey
The Nigeria Electricity Regulatory Commission (NERC) yesterday in Abuja, presented licenses to seven companies with combined 2,758 megawatts (MW) generating capacity.
A breakdown of the companies and their generation capacities, according to NERC chairman, Dr. Sam Amadi, shows that Benin Generation Company Limited located at Ihovbor, Edo State will generate 450m;, Omotosho Generation Company Limited, located at Omotosho, Ondo State has the capacity to generate 500mw and Omoku Generation Company Limited at Omoku, Rivers State has the capacity to generate 250mw.
Others include Gbarain Generation Company Limited located in Gbarain, Bayelsa State, which has the capacity to generate 225mw; Calabar Generation Company Limited, which is located in Calabar, Cross River State has the capacity for generating 561mw; Geregu Generation Company Limited, Geregu, Kogi State that has capacity to generate 434mw on grid while Egbema Generation Company Limited can generate 338mw. IT is located in Egbema, Imo State.
Meanwhile, the Transmission Company of Nigeria (TCN) unbundled from the Power Holding Company of Nigeria (PHCN) has also spent $3million on the aerial survey of the country’s transmission line in the last two years.
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