Sunday, April 21, 2024
No menu items!
Ad

Top 5 This Week

bama cap

Related Posts

CEO Weekends:Gas-Fired Tony Elumelu’s Transcorp Partners with GE to Up Power Generation in Nigeria

tony-elumeluNigeria’s largest gas-fired  Transcorp Ughelli Power has partnered with General Electric in a quest to expand  TUPL’s Ughelli power plant capacity by1000MW.

For a period of 3 to 5 years, the two will rehabilitate the damaged GT 15 turbine at the Ughelli plant, which is expected to add 115MW to Transcorp Ughelli power plant which generates 360MW of electricity.

The firms expect the rehabilitation works to increase Ughelli’s output to 700MW by December 2014. The $300 million plant was purchased by Transcorp last year and is under the  $2.5 billion investment pledge made by  Tony O. Elumelu, CON, towards Obama’s Power for Africa initiative.

- Ad -

According to Elumelu, “We are very pleased to work with GE, a proven world leader in power technology development, on the Ughelli plant expansion project.  With this, we’ve taken a bold step in fulfilling our promise to Transcorp’s stakeholders and the people of Nigeria. In a very short period of time, we have achieved significant impact – power production has more than doubled, and with this agreement, we will see increased output before the end of this year. We are confident that this partnership with GE will further accelerate the achievement of our goals in the power sector.”

Sam Wakoba
Sam Wakobahttp://techmoran.com
Taking you on tour through Africa's tech and business ecosystem, one story at a time since 2010! Based out of Nairobi, Kenya, Sam is the founder and managing director of Moran Media, which runs  TechMoran.com, various other digital platforms and a startup incubation hub for Kenya's youthful entrepreneurs. Drop me a mail at [email protected]

Popular Articles