The Federal
Executive Council (FEC) on Wednesday approved more than $8.29 million as well
as N3 billion for execution of various electricity projects in the country.
This
was disclosed to State House Correspondents after the week’s virtual FEC
meeting presided over by President Muhammadu Buhari in the Presidential Villa,
Abuja.
Addressing
correspondents in the Press Gallery of the State House after the meeting,
Minister of Power, Engr Mamman Saleh, said the projects, most of which are
procurement of equipment as well as designs and manufactures, are for upgrade
of the nation’s electricity facility and improvement of power supply.
According
to Saleh, the Ministry of Power presented six memoranda to the FEC, all of
which were approved.
The
aggregate of all the figures, in both naira and dollar denominations, summed up
to a total of N6,156,168,822 when the dollar component was converted by the
official exchange rate of N380 to $1.
“The
Federal Executive Council today approved six memos under the Ministry of Power.
The first one is the award of a contract for design, manufacturing and supply
of critical spare parts for Crompton Greaves 330 kV, 132 kV and 33 kV circuit
breakers to Messrs. Legen Engineering Nigeria Limited in the sum of
N298,339,887.04.
“The
second one is the award of the contract for the procurement of 50 sets of 400
AH battery banks, 30 to 50 volts and 30 number of 110 volt battery charges for
the substation used by the TCN in favour of Messrs. DTS Transformers Electric
Industry Limited at the sum of N644,805,953.10.
“The
third award of contract is for the procurement of 50 cent also of 132 kV
isolators for the TCN in favour of Messrs. Leading Diagonal Engineering Nigeria
Limited in the sum of $840,650 plus N53,900,000 within the delivery period of
six months.
“The
fourth one is the award the contract for the design, manufacturing and the 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 in favour of
Messrs. Zhenjiang Transformers Company Limited, in the sum of N1,296,953,044.55
with delivery period of 12 months.
“The fifth one is
the award of the contract for the design, supply and installation of Optical
Wire (OPGW) and Universal Optical Transportation Network System (OTN) for some
critical transmission lines in favour of Messrs. Xinjiang Power and
Transportation Company Limited in the sum of $6,800,743.51, plus
N668,843,634.74, with a delivery period of 12 months
“The
last one is the upward review of the contraction for the design, manufacture,
supply, installation and commissioning of 1X 100MVA, 132/33kV power
transformers at Ogba Transmission Substation, Lagos, in favour of Messrs. Power
Control and Appliances Limited, in the sum of $648,038.31, plus N48,342,524.18,
with the delivery period of six months.
“All
these procurements are geared towards upgrades of the transmission system, to
the national grid, so that we can have sufficient power supply to the nation,”
he said.
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