FG targets 4,000MW grid enlargement by 2026 by means of EPC engagement – Adelabu 

The Minister of Energy, Adebayo Adelabu, has disclosed that the Federal Authorities’s renewed intervention within the energy sector is ready to spice up Nigeria’s grid capability by an extra 4,000 megawatts (MW) by the tip of 2026.

The Information Company of Nigeria (NAN) experiences that this was contained in an announcement by Bolaji Tunji, Particular Adviser on Strategic Communications and Media Relations to the minister.

In accordance with the Minister, the Federal Authorities has engaged respected Engineering, Procurement and Building (EPC) firms to expedite this course of beneath a brand new strategic route accepted by President Bola Ahmed Tinubu.

He mentioned the president accepted the distribution scope to be delivered by different respected engineering procurement and building (EPC) firms with the requisite technical, monetary, and financing capability.

“The strategic selections purpose to extend grid capability by an extra 4,000MW by the tip of 2026, with an aspirational goal of an extra 2,000MW, as directed by the Financial Administration Staff in 2024. 

”Noteworthy is the truth that the implementation of the PPI commenced with the set up and inauguration of 10 energy transformers and 10 cellular substations throughout the nation beneath the Pilot Section of the PPI, which was manufactured and delivered in October 2023. 

FG’s renewed vigor reinvigorating Siemens Energy Challenge 

Mr. Adelabu famous that the present administration’s dedication has not solely reinvigorated the Siemens Energy Challenge, formally generally known as the Presidential Energy Initiative (PPI), but in addition created a pathway for improved energy provide to key sectors of the Nigerian financial system.

“The inception of the current administration in 2023 caused renewed vigour to the Siemens Energy Challenge as an accelerated contract was signed to make sure seen progress within the challenge,” Adelabu mentioned.

He emphasised that “no important progress was made on the challenge till the current administration got here into workplace,” including that the achievements recorded since Could 29, 2023, are testaments to a centered and decided authorities agenda.

“There isn’t any doubt that the Siemens challenge has witnessed important enhancements for the reason that inauguration of this administration,” Tunji added.

Underneath the present administration, notable progress has been recorded within the energy sector. One of many main achievements is the profitable set up and commissioning of 10 energy transformers and 10 cellular substations throughout the nation as a part of the pilot section of the Presidential Energy Initiative (PPI), which was accomplished in October 2023, the assertion famous.

He additionally famous that the Federal Authorities commenced initiation actions for the principle section of the PPI in 2024, setting the stage for broader implementation. As well as, the Federal Authorities Energy Firm has executed a number of transmission tasks nationwide, collectively boosting the transmission wheeling capability by over 700 megawatts. This growth has considerably enhanced electrical energy provide to industrial clusters, companies, universities, and residential areas.

Adelabu reaffirmed the Ministry’s resolve to ship measurable outcomes that might remodel energy entry and reliability throughout Nigeria. He praised the efforts of earlier administrations however maintained that the Tinubu-led authorities has redefined the trajectory of the PPI with clearer timelines and strong implementation methods.

What you must know 

The Siemens Energy Challenge, initiated in August 2018 as a part of a bilateral partnership between Nigeria and Germany, goals to reform Nigeria’s energy infrastructure by rising technology, transmission, and distribution capability in phases.

Underneath President Tinubu’s directive, the Federal Authorities signed an Acceleration Settlement with Siemens Vitality to fast-track implementation.