FG grows national grid power capacity to 14,000MW - News Summed Up

FG grows national grid power capacity to 14,000MW


The Federal Government through the Association of Power Generation Companies has grown the power capacity of the national grid from 13, 000megawatts recorded a few years ago to about 14,000 MW. APGC’s Executive Secretary, Dr. Joy Ogaji, while speaking with The PUNCH on the sideline of the Association of Energy Correspondents of Nigeria’s 2023 annual international strategic conference last week Thursday, said electricity generation capacity to the national grid has increased to almost 14,000MW. “The national grid now has an installed power generation capacity of about 14, 000 megawatts, and this was made possible due to the Zungeru plant that came on stream this year,” she said, adding that it was an opportunity for interested investors to partner with the Gencos. The company had offered a fee of $700m per year for a period of 30 years to operate the plant. Despite the 14,000MW claim by Ojagi, checks by The PUNCH on the records of the Nigerian Electricity System Operator showed that the latest on-grid peak power generation as of Saturday, was 4,803.60 MW.


Source: Punch October 09, 2023 15:54 UTC



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