Plans to increase Nigeria’s national grid by 700 megawatts (MW), may be taking shape as Tony Elumelu, chairman of Transcorp Nigeria Plc, has pledged to invest as much as $2.5 billion in power projects across the country.
According to Bloomberg, Elumelu revealed that investments in the power sector will be made through Transcorp Power Ltd, a subsidiary company.
Although a time frame was not given, Elumelu said the company is ready to “spend a lot of money” on the 987MW capacity Afam Power Plant which is up for privatisation.
On March 15, the company along with two others, had launched a bid for Afam Power Plant which operates a natural-gas-fired power generation facility in Rivers state.
He said If Transcorp Power successfully acquires the facility, the firm’s daily power output will increase by 700MW, adding 1400MW to the national grid.
“We’ve expressed interest in the acquisition of Afam power plant, which we’re going to spend a lot of money on. It’ll give us 1,400 megawatts and we can do more,” he said.
Speaking on a N90 billion naira debt owed Transcorp Power, Elumelu said such has the tendency to hamper growth in the sector.
“If they’re owing you that kind of money, it affects your ability to do more and more importantly, slows your enthusiasm,” he said.
Hello! I know this is kind of off topic but I was wondering if you knew where I could
find a captcha plugin for my comment form? I’m using
the same blog platform as yours and I’m having problems finding one?
Thanks a lot!
Hi there, yup this article is really fastidious and I have learned
lot of things from it on the topic of blogging.
thanks.
This post presents clear idea in favor of the new viewers
of blogging, that actually how to do running a blog.
Hello would you mind letting me know which web host you’re using?
I’ve loaded your blog in 3 different browsers and I must say
this blog loads a lot faster then most. Can you suggest a good internet hosting provider at a honest
price? Cheers, I appreciate it!
This is very interesting, You are a very skilled blogger.
I have joined your rss feed and look forward to seeking
more of your great post. Also, I’ve shared your web site in my social networks!
You have made some decent points there. I looked on the net to learn more
about the issue and found most individuals will
go along with your views on this website.
We stumbled over here by a different page and thought I might check things out.
I like what I see so now i’m following you. Look forward to looking into your web page yet again. adreamoftrains
best web hosting sites
We’re a gaggle of volunteers and opening a new scheme in our community.
Your website provided us with useful info to work on. You’ve done a formidable task and our whole community
will likely be thankful to you.
you’re really a excellent webmaster. The site loading speed is
amazing. It kind of feels that you’re doing any unique trick.
In addition, The contents are masterwork. you have done a magnificent activity in this topic!
I simply want to tell you that I am beginner to blogging and truly enjoyed you’re blog. Most likely I’m going to bookmark your site . You surely have impressive writings. Regards for sharing with us your web page.
What’s up, just wanted to mention, I liked this post.
It was funny. Keep on posting! cheap flights 32hvAj4
Hello there, You have done a fantastic job. I’ll certainly digg it and personally suggest
to my friends. I’m confident they will be
benefited from this website. 31muvXS cheap flights
http://www.bhelpoori.com/2020/05/05/06-may-2020-daily-horoscope-find-out-what-your-day-will-be-like-by-clicking/ Racist Skank Adeline Bababikov has cheap rates – call/text for appt 303-949-0383 720-513-3865
high line pointe apartments
Good site you have here.. It’s hard to find high-quality writing like yours these days.
I truly appreciate individuals like you!
Take care!!
adeline bababikov
adeline bababikov
high line pointe review
south denver apartments
adeline bababikov
This is especially essential in those who
Your writing is the best.
nice play.
You’re thus amazing. Oh my Lord. God bless you.
I love your blog site. I’m faced. Thank you.
Incredible. Most likely so good that will you’re so good currently. Your help woke us up. Thank you incredibly much.
Seriously. Wizard. You’re a new genius. Give thanks to you.
Seriously. If you’re so good that you’re so good currently. Your help woke me up. Thank you incredibly much.
Howdy, There’s no doubt that your website may be having browser compatibility issues. When I take a look at your blog in Safari, it looks fine however when opening in I.E., it’s got some overlapping issues. I just wanted to provide you with a quick heads up! Aside from that, fantastic blog!
Pretty! This was an incredibly wonderful article. Thank you for providing this info.
I love your blog website. I’m touched. Thank a person.
After I originally commented I seem to have clicked on the -Notify me when new comments are added- checkbox and from now on every time a comment is added I receive 4 emails with the same comment. There has to be a way you can remove me from that service? Thanks!
Everything is very open with a really clear description of the issues. It was definitely informative. Your site is very useful. Thank you for sharing!
Greetings! Very useful advice within this article! It’s the little changes that will make the most significant changes. Thanks for sharing!
Hello there! This article could not be written much better! Going through this post reminds me of my previous roommate! He always kept preaching about this. I will forward this information to him. Fairly certain he’s going to have a great read. Many thanks for sharing!
Hey there! I could have sworn I’ve been to this website before but after checking through some of the post I realized it’s new to me. Nonetheless, I’m definitely delighted I found it and I’ll be book-marking and checking back frequently!
Hi there! I could have sworn IÃve been to this blog before but after browsing through many of the posts I realized itÃs new to me. Anyhow, IÃm certainly pleased I discovered it and IÃll be bookmarking it and checking back regularly!
I wanted to thank you for this very good read!! I definitely enjoyed every little bit of it. I have got you saved as a favorite to look at new stuff you postÖ
ItÃs nearly impossible to find knowledgeable people about this subject, however, you seem like you know what youÃre talking about! Thanks
I blog frequently and I truly appreciate your information. This great article has truly peaked my interest. I am going to bookmark your blog and keep checking for new details about once per week. I subscribed to your Feed as well.
Howdy! I could have sworn IÃve been to this web site before but after going through many of the posts I realized itÃs new to me. Nonetheless, IÃm certainly delighted I discovered it and IÃll be bookmarking it and checking back often!
An impressive share! I have just forwarded this onto a co-worker who has been conducting a little research on this. And he in fact ordered me breakfast because I stumbled upon it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending some time to talk about this issue here on your web page.
Hello there! I could have sworn IÃve visited this web site before but after going through a few of the posts I realized itÃs new to me. Regardless, IÃm certainly pleased I came across it and IÃll be book-marking it and checking back frequently!
You ought to take part in a contest for one of the highest quality sites on the internet. I will highly recommend this website!
You ought to take part in a contest for one of the finest sites online. I will recommend this blog!
I would like to thank you for the efforts you’ve put in penning this site. I’m hoping to check out the same high-grade blog posts from you in the future as well. In truth, your creative writing abilities has inspired me to get my own blog now 😉
IÃm amazed, I must say. Rarely do I encounter a blog thatÃs both educative and engaging, and without a doubt, you have hit the nail on the head. The problem is something too few people are speaking intelligently about. I’m very happy I found this during my search for something concerning this.
There is definately a great deal to find out about this subject. I really like all the points you’ve made.
A fascinating discussion is worth comment. I think that you ought to write more about this issue, it might not be a taboo matter but typically folks don’t discuss these topics. To the next! Many thanks!!
Having read this I thought it was extremely informative. I appreciate you taking the time and effort to put this informative article together. I once again find myself spending way too much time both reading and posting comments. But so what, it was still worth it!
Saved as a favorite, I like your site!
Having read this I believed it was extremely enlightening. I appreciate you taking the time and energy to put this information together. I once again find myself spending a significant amount of time both reading and posting comments. But so what, it was still worthwhile!
GlucoTrust is a revolutionary blood sugar support solution that eliminates the underlying causes of type 2 diabetes and associated health risks.