Friday, May 23, 2014 3:41 pm
Abuja, May 23, 2014 (NAN) The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, says the Federal Government has concluded plans to build a super grid power transmission system in the country.
This is contained in a statement signed by Mr Chigbo Aniechebe, BPE’s Head of Public Communications and made available to newsmen in Abuja on Friday.
It said Dikki made the assertion when he received a team from China Electric Power Equipment and Technology Company Limited, a subsidiary of the State Grid Corporation of China (SGCC).
According to the statement, the new power transmission system when completed will enable the country cope with the anticipated increase in power generation.
He said the Transmission Company of Nigeria (TCN) was willing to consider all options to strengthen its wheeling capacity.
Dikki expressed the hope that as the capacity of generation increases, TCN would become bankable due to increase in wheeling and transmission charges.
He urged the corporation to liaise with TCN to key into the planned massive improvement in the national grid system, adding that the sector required massive investment for rehabilitation and new construction.
Also, Mr Cheng Wei, the leader of the delegation and Vice President of SGCC, said that the visit was a follow up to the visit of Chinese Prime Minister to Nigeria.
Wei said that SGCC was China’s largest power company and the world’s largest utility company, operating in China’s 26 provinces with an over 1.1 billion customer-base.
He said the company’s grid’s expertise ranges from planning, engineering, operation and maintenance to training in transmission and power grid operations.