The Transmission Company of Nigeria (TCN) has secured $1.55 billion from multi lateral donors to revive some transmission projects and expand the grid.
The Interim Managing Director, Usman Gur Mohammed made this known on the sideline of the 18th Monthly Power Sector and Stakeholders meeting in Kumboso, Kano State.
He said in a statement that the intervention came from the World Bank, African Development Bank, Islamic Development Bank, European Union and JICA.
According to him, “the funding is to resuscitate transmission projects and further expand the transmission grid. Projects to be executed include the Abuja transmission project which would provide sub-stations as well as another transmission line for supply to Abuja from Lafia.
“We have also resuscitated the JICA project that has been on the drawing board for a long time now, these projects, plus others are being executed around the country.
He recalled that when he assumed office he discovered that TCN’s capacity to wheel power was actually higher than that of the distribution companies (DisCos).
According to him, there was need however for further expansion of the grid which made it expedient for TCN to seek the support of the Federal Ministry of Finance and Ministry of Power, Works and Housing to raise funding from donor agencies.
“On growing the load and avoid load rejection, we are working with Discos to see how to improve their capacity and we have appointed, Interface focal officers to help the DiSCos pick more load.”
On TCN’s part, he said that TCN was working towards realizing 20,000 megawatts of transmission capacity in the next few years.
The Interim Managing Director pointed out that Right of Way is a crucial challenge in the power sector which has resulted in a study by the West African Power Pool on the international transmission lines.
He pointed out that since the payment of compensation for Right of Way in Nigeria has become a crucial problem, TCN started collaborating with state governments.
“We are collaborating with states in every area that we are putting a significant transmission capacity and we are working to expand several transmission lines in the country the MD said. In the Northern axis for instance, the lines from Shiroro to Kaduna, from Kaduna to Kano, and we are putting a cord line that will carry 2,400MW capacity, we have never had that kind of line in Nigeria. “But we need to collaborate with satets to ensure prompt execution of the projects and we have started with Kaduna.
He states that,”For instance, the governor of Kaduna is the one that is paying the compensation for some of the places where we are putting sub –stations in Kaduna.”
The Governor of Kano State, is also supporting TCN on the Right of Way between Kano and Kaduna border.
The company, he added, is also working with the Governors of Abia, Lagos, Imo and Ogun states among others, to also deal with the issues of Right of Way as it concerns them, in order to enhance transmission capacity nation-wide.