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FEC Approves N47.2bn To Boost Electricity Supply - Autos - Nairaland

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FEC Approves N47.2bn To Boost Electricity Supply by Ayomideboss: 10:41pm On May 23, 2020
John Ameh, Abuja

The centralized Executive congress on Wednesday agreed N47.2bn to boost clout contribute in the country.

It will fund extra 40 megawatts of might to the general grid, according to the Minister of Power, Mr garage sale Mamman.

He told federation council house journalists after the FEC meeting, which was seized by means of capture conferencing, that the 40 MW would be encouraged from the Kashimbilla blockade in Taraba State.

The minister stated, “The council approved the ministry’s memo for the revised estimated total cost for the augmentation of the subsisting contract in the sum of N4,235,303,821.90, to provide additional 40 megawatts, currently being generated from Kashimbilla, via Takum, Wukari and Yandev, to the national grid.”


To finish reading it���
https://mediakit.com.ng/2020/05/14/fec-approves-n47-2bn-to-boost-electricity-supply/
Re: FEC Approves N47.2bn To Boost Electricity Supply by JubrinElSudan: 11:14pm On May 23, 2020
So approximately a MW of power is 1billion Naira? embarassed embarassed

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Re: FEC Approves N47.2bn To Boost Electricity Supply by meum: 11:24pm On May 23, 2020
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Re: FEC Approves N47.2bn To Boost Electricity Supply by jabolo(m): 1:06am On May 24, 2020
JubrinElSudan:
So approximately a MW of power is 1billion Naira? embarassed embarassed

Yes, for an hydro project, think between $2 to $3 million per MW.

It should be at the lower end of the scale if the Govt. is directly funding it though.

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