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Saturday, July 20, 2013

Power Supply: Hope, Anxiety As New Thermal Stations Go Under The Hammer

 
A recent Expression of Interest notice published in many national dailies invited strategic private sector investors to bid for some brand new thermal power stations jointly built by the three tiers of government. Against this backdrop, RICHARD ABU, Abuja, reviews the on-going implementation of the power sector reforms Giddy euphoria is apparent in official circle as the government thinks that it is on track to deliver on its power sector reforms agenda. From the sale of some of the successor companies of the Power Holding Company of Nigeria (PHCN) to the sustenance of power generation (now hovering around 5,000megawatts (mw), as against the spurt and start ‘norm’ of generation output, which prompted then President Olusegun Obasanjo administration to initiate the National Integrated Power Projects (NIPP), to building 10 gas-fired power plants, the President Goodluck Jonathan government, is upbeat on the recent and current events in the power sector. 
 
 

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