Chinese Firm to Expand Nigeria Transmission Capacity

Monday, July 27, 2015

State Grid Corp. of China (SGCC) will fund up to $12 billion in electricity transmission projects that will be built for the Transmission Company of Nigeria (TCN) through the Niger Delta Power Holding Company (NDPHC) Ltd.’s second phase of National Integrated Power Projects (NIPP).

SGCC offered to invest the first $8 billion and then $4 billion later as equity and loan participation in key transmission projects in the second phase of the NIPP. The Nigerian government has made increasing its power production exponentially a top priority

SGCC made the offer in a consortium with its other partners, CET Power and Westron.

« GO BACK

You may also like

" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">

First LNG Realized at the Greater Tortue Ahmeyim Project

" alt="United Energy Acquires Western Desert Producer APEX">

United Energy Acquires Western Desert Producer APEX

" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">

Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG

" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">

ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System

" alt="Tullow Highlights 2025 Operational Plans in Ghana">

Tullow Highlights 2025 Operational Plans in Ghana

" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">

TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years

" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">

Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession

" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">

Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market