Niger Delta
Bayelsa: TCN Raises $1.57bn, Assures Improved Power
Determined to improve power supply in Bayelsa State, the Managing Director and Chief Executive Officer of the Transmission Company of Nigeria, TCN, Mr. Usman Guru Muhammad has said that the 1.57 billion raised would result in stable power supply.
A statement by the Special Adviser to the Bayelsa State Governor on Media Relations, Mr. Fidelis Soriwei, stated that Muhammad made the comment during a condolence visit to Governor Seriake Dickson over the demise of his mother, Mrs. Gold coast Dickson at his home town, Toru-Orua, yesterday.
Muhammad noted that, Bayelsa was now connected to the national grid because of the sustained efforts of Governor Dickson.
The TCN boss hinted on the high possibility of effective collaboration between the state and the company for improved power supply in Bayelsa.
He reiterated that TCN was carrying out a transmission rehabilitation expansion program which had yielded $1.57 billion meant to pursue enhanced capacity all over the country.
The chairman also stated that the company had recorded a 300 percent increase in the power generation capacity and was awaiting the cooperation of the state to install another 40 MVA to the existing one.
He said, “Remember, Bayelsa was not on the National Grid some years ago, but through the work that His Excellency has done, Bayelsa is now connected to National Grid.
“We just concluded 90 MVA; the former capacity was 30 MVA which means we have increased the capacity by 300 percent of what it used to be.
“Again we have another 40 MVA and we are looking at how to collaborate with the state government to install that 40 MVA.
Austin Pade, Yenagoa