The Federal Government on Wednesday signed a $328.8 million contract with China Machinery Engineering Corporation (CMEC). The agreement, under Phase 1 of the Presidential Power Initiative (PPI), aims to rehabilitate and expand the country’s electricity transmission network.
The project will focus on the development of 330kV and 132kV transmission lines spanning 544 kilometers, with a load capacity of 7,140 megawatts. Speaking at the signing ceremony in Abuja, Minister of Power Adebayo Adelabu highlighted the importance of the initiative in improving grid reliability and reducing stranded generation capacity. “These critical infrastructure projects will act as main arteries for delivering increased power directly to homes, businesses, and industries,” he stated.
The project will be managed by FGN Power Company, a special-purpose vehicle established to oversee PPI implementation. Kenny Anuwe, Managing Director of FGN Power Company, described the partnership with CMEC as strategic, complementing ongoing collaborations with Siemens Energy on generation and high-voltage transmission technologies.
Vice President of SINOMACH, Li Xiaoyu, expressed gratitude for Nigeria’s trust in CMEC and emphasized the project’s role in enhancing electricity delivery nationwide. This initiative highlights President Bola Tinubu’s commitment to providing stable and reliable power for Nigerians.
