A sum of N6.2 billion has been approved to award contracts for six projects in the power sector.
Minister of Power, Mr. Mamman Saleh, disclosed this to State House correspondents on Wednesday at the Presidential Villa in Abuja after the 44th Federal Executive Council meeting.
At the meeting, government approved all the six memos presented for consideration by Saleh.
The approvals included the award of a contract for the design, manufacture, and supply of critical spare parts for Crompton Greaves 330KV, 132KV, and 33KV circuit breakers at N298,339,887.04; and procurement of 50 sets of 400AH battery banks – 30 to 50 volts, and 30 number of 110 volts battery charges for the substation used by the Transmission Company of Nigeria (TCN) at N644,805,953.10.
Others were award of contract for the design, manufacture, and supply of three 60/66 MVA 132KV power transformers with accessories, and 15 number of 500 kV transformers, 33/0.415KV earthing transformers for the TCN at N1,296,953,044.55 with a delivery period of 12 months.
The Minister said that all that the government is doing is to make sure that first and foremost, the supply is stable.
“The government also wants to make sure that we upgrade the supply, maybe from 4,000 megawatts to 5,000, to 6,000, to 7,000 megawatts. So, the more we replace some obsolete and outdated equipment, the more we improve the supply of electricity.”
The power minister explained that the procurement were geared towards upgrading the transmission system to the national grid for greater efficiency and to ensure sufficient power supply to the nation in no distant time
