Home BUSINESS AGRICULTURE African Dev Bank Funds $410 Million Power Transmission Expansion Projects

African Dev Bank Funds $410 Million Power Transmission Expansion Projects

The African Development Bank is funding four critical electricity transmission lines under the Nigeria Transmission Expansion Programme with a total sum of $410m.

According to the Transmission Company of Nigeria (TCN), some of the lines, which are currently being constructed, will carry increased megawatts of electricity, as opposed to what obtained in many other transmission lines.

The Managing Director, TCN, Usman Mohammed, who disclosed this in a presentation, described the lines as chord lines, adding that one of the projects was the Alaoji-Owerri-Onitsha line.

Source:  The Punch.

Editorial staff
Editorial Staff at Greenbarge Reporters is member of a team of journalists led by Editor-in-Chief, Yusuf Ozi Usman.