Industry & Money

TCN Boosts Power Grid with $200m World Bank Project

The Transmission Company of Nigeria (TCN) has announced significant strides in its nationwide transmission capacity expansion, facilitated by a $200 million World Bank-funded initiative.

This ambitious project is aimed at improving electricity supply reliability and addressing critical gaps in Nigeria’s power infrastructure.

Managing Director of TCN, Sule Abdulaziz, revealed this during his inspection of key substations in Lagos and Ogun States.

“I have come to these substations to see the progress they are making in our programme of expanding the Nigerian electricity grid,” Abdulaziz stated.

According to Abdulaziz, TCN has awarded contracts for grid expansion projects across all regions, including the north.

He emphasised the nationwide scope of the initiative, saying, “The task of expanding the grid is a nationwide programme, so all regions will get it one by one. We will go there, and we will show Nigerians what we did.”

He indicated key achievements include the installation of two transformers in the Sango-Ota area of Ogun State, with one already commissioned and serving all the neighbouring environment following the increased output capacity by 200 megawatts.

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