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FG to partner organised private sector to evacuate stranded 2,000Mw

FG To Partner Organised Private Sector To Evacuate Stranded 2,000Mw

The Federal Government, yesterday, announced that it would collaborate with the Organised Private Sector, comprising the Manufacturers Association of Nigeria (MAN), and other Chambers of Commerce and Industry to find means to evacuate the stranded 2,000 megawatts (MW) of electricity in the country, Vanguard reports.

Minister of Works, Power and Housing, Mr. Babatunde Fashola, disclosed this at the 22nd monthly Power Sector Operators meeting in Lokoja, the Kogi State capital, noting that; “We must locate where the need is to avoid wasting of power.” He added that; “The fact that we can produce over 7,000 MW and can now only put over 5,000 MW on the grid means that we have 2,000 MW of unused power left in a country where many still require power. This is a new problem that we must resolve.”

He noted that this was all the more important given the fact that more power was coming in 2018 from several power plants across the country as well as from mini-grids and solar systems that are in various stages of development. He added that; “If we can produce 7,000 MW but we can only distribute about 5,000 MW, the problem has changed from lack of power to locating where the need is and designing a solution that takes the balance of 2,000 MW to those who need it, who can use it and who can pay for it.”

The post FG to Partner Organised Private sector to evacuate stranded 2,000Mw appeared first on Energy News | Oil and Gas News.

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FG to partner organised private sector to evacuate stranded 2,000Mw


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