Transcorp Power eyes 25% national power generation capacity

Transcorp Power Limited plans to generate 25 per cent of Nigeria’s total power capacity before the end of the 2018.

Transcorp Power Limited, a subsidiary of Transcorp Plc, on Monday commissioned 115MW Gas Turbine 15 at the Transcorp Power Limited’s Ughelli Power Plant, bringing its total operating capacity of the plant to 620MW.

Speaking at the ceremony, the Chairman of Transcorp Plc, Mr Tony Elumelu, reiterated the resolve of Transcorp Power Limited to double the generating capacity of the power plant within the shortest time. According to him, considering the role power plays as a catalyst to economic and industrial growth of any nation including Nigeria, Transcorp Power Limited remains committed to finding a solution to the power problems that has constrained the development of the country and made it not to achieve its potentials.

“Our goal is to increase our capacity from 620MW to 850MW with the return of three turbines by the 4th quarter of 2017, ” Elumelu said.

“Our gratitude goes out to the Board of Directors, particularly the Technical Committee, our technical partners, the Transmission Company of Nigeria (TCN) and the Federal Government of Nigeria for believing in us as private sector investors and for providing the enabling environment,” he further said.

Also speaking at the commissioning ceremony attended by Governor of Delta State, Dr Ifeanyi Okowa, who commissioned the new turbine, Minister of Power, Works & Housing, Mr Babatunde Fashola (SAN), reminded the audience that even though Nigeria appears to court the international investor, the importance and relevance of the local investor to the achievement of the country’s energy agenda, can’t be overemphasized.

While appreciating the investment committed by Transcorp Power Limited, Fashola noted: “The local investor will not run away when there is a storm. They will continue to invest because they believe in Nigeria and their efforts will be supported as much as possible by a government that shares the same belief in the nation.”

Okowa, commended the Transcorp Power Team for the achievement and expressed his belief and expectation that Transcorp Power Limited will continue to take bold steps that have the potential of improving the quality of life for all Nigerians.

First Commissioned in January 1990, Gas Turbine 15, a 100MW GE Frame 9E with Mark V Speedtronic controlled unit, made a significant contribution to Nigeria’s generated power for roughly 18 years before it developed major gas turbine blade failure in July of 2008. Due to lack of funding and investment the once productive unit was abandoned for over five years.

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Also speaking, the CEO Transcorp Power Limited, Kalyana Sundaram, said that with his company’s determination for optimal plant recovery of the plant acquired from the Federal Government of Nigeria in 2013, Transcorp Power limited, decided to replace this unit with a higher capacity of 115MW.

Also the existing Mark V control system was replaced with the modern Mark VI Controls.

According to Kalyana Sundaram, the original equipment manufacturer (OEM), is the renowned GENERAL ELECTRIC (GE) of the United States of America. “The GE team worked tirelessly for over a year in collaboration with the Transcorp Power Engineering team, led by Engineer Kalyana Sundaram, MD/CEO, Engineer Francis Agoha, Chief Operating Officer and over thirty engineers in different fields, to ensure the successful installation of the gas turbine at the highest standards,” he said

Transcorp Power Limited is the power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp). It is the owner and operator of Ughelli Power Plant in Warri, Delta State.

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