The Minister of Power, Works and Housing, Babatunde Fashola, at a post-event interview on the side line of the on-going first Africa Investment Forum (AIF), organised by the African Development Bank (AfDB), in Johannesburg, South Africa, yesterday, said the Ministry expects over 1000 megawatts (mw) to come on stream next year.
“We have also put in place about 90 transmission projects in various stages of completion. We have discovered transmission has a challenge and attention has been shifted to overcoming it. There is a 10-year transmission expansion plan, government is leading on that, investing N72 billion for the immediate off-take of the 2000MW that is available but yet to be distributed. We are working with the distribution companies on this.’’
Fashola, who was also a panellist at the ‘Powering Africa’s Transformation’ session, noted that power generation and distribution require more efforts, stressing that cost of energy is shrouded in lots of technicalities including training, building of infrastructure, transmission, and a host of others.
Source: The Guardian