The new management of Korea Electric Power Corporation (KEPCO), a technical partner of the Egbin Power Station in Ikorodu, on Friday promised to provide an additional generation plant to boost its capacity to 1,350 mega watts.
Mr Gyoo Chull-Yeom, the Managing Director of KEPCO, gave the assurance during a facility tour of the plant by journalists, after its privatisation in Lagos.
He assured that, there were plans to provide an additional projected capacity of 1,350 mega watts, during the year.
Chull-Yeom said that the new management also intends to collaborate with the New Electricity Distribution Company (NEDC), the Nigerian partners, to restore Egbin to its installed capacity of 1,320 mega watts.
He said that when completed, the station was expected to have 2,670 mega watts, with the aim of achieving a total capacity of over 10, 000 mega watts in the next decade, if the demand permit.
According to him, “our relationship with Nigeria over the year has shown that the nation is filled with resilient and resourceful people, who are driven by a spirit of entrepreneurship that ranks among the best in the world.’’
“Yes, there are challenges bordering on infrastructure and human capital that will require time to overcome.
“We will need the patience and support of all Nigerians as we work towards overcoming these challenges with innovation, commitment and determination.
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