FG Opens Bids for 4,000MW Nuclear Power Plants
The Federal Government, FG, said it had opened bids for the construction of nuclear power plants that would generate 4,000 megawatts of electricity for the country.
Dr Yau Idris, Director General, Nigerian Nuclear Regulatory Authority (NNRA), made the disclosure while speaking at the ongoing Nigerian International Energy Summit (NIES) in Abuja. Idris said: “It is wrong to think that Nigeria can’t manage a nuclear power plant.
“There are mechanisms put in place that ensure any country can build a nuclear power plant.
“Nigeria is trying to deliver 4,000MW of electricity through nuclear power. We are trying to construct four units and we are at the bidding stage.”
He said Nigeria had been trying to diversify its energy sources since 1977, stressing that the additional 4,000MW would increase the country’s generation capacity to about 13,000MW.
Idris said the regulatory agency has signed agreements with Russia, Pakistan, France and South Korea to build the capacity of its staff in manning the nuclear plants. Read: Stocks prices fast declining, but there is value in the bad news
Also, Mr Ifeoluwa Oyedele, Executive Director, Niger Delta Power Holding Company (NDPHC) Ltd., blamed the lack of synergy across the power sector value chain for the dismal performance of the industry.
Oyedele said the power generation companies could only release about 5,000MW into the national grid due to a lack of infrastructure for transmission and distribution to end-users.
He said the company was, therefore, looking at supplying power directly to end-users through signing off power purchase agreements with industrial clusters across the country.
Oyedele said there was an urgent need to provide access to electricity for more Nigerians in order to accelerate economic growth. #FG Opens Bids for 4,000MW Nuclear Power Plants
