BREAKING: FG Connects Second Largest Hydropower Plant to National Grid

2 weeks ago 8

Nigeria has marked a significant milestone in its energy sector with the recent connection of the Zungeru Power Plant to the national grid. This connection has resulted in improved electricity supply across numerous regions of the country.CONTINUE FULL READING>>>>

The Zungeru Power Plant, initiated under the administration of former President Muhammadu Buhari and continued by President Bola Tinubu, stands as a testament to the government’s commitment to enhancing Nigeria’s power infrastructure. The project was entrusted to a Chinese consortium, including the China National Electric Engineering Company (CNEEC) and Sinohydro, marking a significant international cooperation in the Nigerian energy sector. Construction began in 2013, highlighting a long-term plan to boost the nation’s energy output.

This power plant not only boasts a large reservoir with the capacity to hold 10.4 billion cubic meters of water but is also estimated to generate 2.64 billion kWh of electricity annually. This substantial output is expected to satisfy nearly 10% of Nigeria’s domestic energy needs, thereby playing a crucial role in the country’s development and economic sustainability.

In addition to enhancing energy production, the operation of the Zungeru Power Plant is anticipated to generate substantial economic benefits. With a concession process in place, it is projected to earn Nigeria around $70 million annually for the next 30 years.

This development represents a major achievement for the APC-led government, underlining its ongoing efforts to ensure energy security and support economic growth through substantial infrastructure investments.CONTINUE FULL READING>>>>