Minister of State for Power, Hajiya Zainab Kuchi,
- FG signs performance bond with Discos and Gencos
By Chineme Okafor
Successor companies of the Power Holding Company of Nigeria and the National Independent Power Project have indicated plans to generate 6,873 megawatts of on-grid electricity for distribution across Nigeria by the end of 2013.
The Chief Executive Officer of Egbin Power Plant,Lagos, Mike Uzoigwe, disclosed this in Abuja Friday during the performance agreement signing ceremony involving the Minister of State for Power, Hajiya Zainab Kuchi, the Permanent Secretary of the ministry, Dr. Dere Awosika and chief executive officers of parastatals in the ministry.
Uzoigwe said the successor companies of PHCN will generate 3,879MW while the National Independent Power Project and Independent Power Producers will generate the extra 2500MW, which will bring available capacity on the national grid to 6,873MW by the end of 2013.
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