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The Association of Power Generation Companies (APGC), says Nigeria has successfully increased the power capacity of the national grid to approximately 14,000 MW from the previous 13,000 MW recorded a few years ago.
Executive Secretary of APGC, Joy Ogaji, credited the boost to the recent addition of the $1.3 billion 700MW Zungeru hydroelectric plant in Niger state, which commenced operations in the second quarter of this year.
“The national grid’s installed power generation capacity now stands at approximately 14,000 megawatts, and the commissioning of the Zungeru plant this year has significantly contributed to this increase,” Ogaji said.
In February, the Federal Government designated Mainstream Energy Solution Limited as the preferred bidder for the plant’s concession. The company offered an annual fee of $700 million for a 30-year operating period.
However, despite Ogaji’s assertion of the 14,000MW capacity, the records from the Nigerian Electricity System Operator reveal that the latest on-grid peak power generation, as of Saturday, was 4,803.60 MW.