Tuesday, June 28, 2011

PHCN signs N12.75bn contract to rehabilitate Kainji Power Station



Abuja – The Power Holding Company of Nigeria (PHCN) on Monday signed a N12.745 billion contract with Hydro China Company to rehabilitate the Kainji Power Station.
Mr Afolabi Ganiyu, the General Manager, Project Unit of the PHCN, told newsmen that the contract was a joint venture between the PHCN and the World Bank to boost energy productivity in Nigeria.
Ganiyu said the agreement involved reconstruction of three units of Kainji Power plants IG5, IG6 and IG12 auxiliaries and the common systems to bring them to full capacity.
He explained that the contract was awarded to increase the capacity of the power station from 350 megawatts and 320 megawatts to 670 mega watts.
According to him, the advantage is that Kainji Dam will now be a station used to stabilise frequency of system collapse in the country.
He disclosed that the propeller turbines of power plants were severely damaged but would be replaced with Kaplan machines to increase the efficiency of the units.
“This has a way of stabilising the system to  make the station a stabilising station. When this is done, there will not be incessant power failures again when all these units are back,” he said.
He said that the contract would have a duration period of forty-two months.
“The first of the three units would come up at the twenty-seventh month and other units would be at the end the contract period of forty two months,’’ he stated.
Ganiyu said that at the end of the contract, Nigerians should expect more and stable power supply in the country.
Mr Duam Xiiojing, the Vice President of Hydro China Company, assured that his company would finish the contract within the specified period, but called for the cooperation of Nigerians to see to the success of the work. (NAN)



Daily Jokes | Free Forex Signals | Ibadan City Network (Forum) | Small Business Guide

No comments:

Post a Comment

Add A Comment

Related Posts Plugin for WordPress, Blogger...

ShareThis