The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday said that additional 945 megawatts of electricity would be added to the national grid before the end of the year.
Fashola said this at the Nigeria-South Africa Chamber of Commerce breakfast business meeting in Lagos themed: “Power Sector and the Way Forward’’. He said that additional power would be generated to the grid from 450 mw Azura Edo plant, 215 mw Kaduna power plant, 240 mw Afam V power plant and 40mw Kashimbilla hydro plant in Taraba State.
According to him, the power sector has recorded successful improvement in incremental power capacity in generation, transmission and distribution. He said that government had committed to invest N72 billion for the procurement and installation of equipment to help distribute unused 2,000 mw of electricity to consumers in the country.
He said the 2,000 mw was from the 7,000 mw that Gencos could generate and the 5,000 mw that Discos could distribute. He said that more Independent Power Projects (IPPs) would also come on stream to boost power supply in the country. He said that government is also targeting powering some markets, Nigerian universities and hospitals through IPPs. According to him, all these power plants do not involve the mini grids and solar systems that are coming.