FEC Approves $2.5m, N498.2m For Power Projects

The Federal Executive Council (FEC) has approved $2,541,689,
N498, 230,281 for four projects in the Ministry of Power.

Minister of Power, Engr Saleh Mamman, disclosed this to State
House Correspondents after the week’s virtual Federal Executive
Council (FEC) presided over by Vice President Yemi Osinbajo (SAN)
at the Presidential Villa in Abuja.

The Minister, who was in the company of his counterparts from
the ministries of Works and Housing, Environment and Information an
Culture; Babatunde Fashola, Muhammed Mahmood and Alhaji Lai
Mohammed, respectively, provided details of the contracts.

“The Federal Ministry of Power also received the blessing of the
Federal Executive Council by giving four approvals for our
contracts. One is the supply and installation of motorised portable
hydraulic compressor for the Transmission Company of Nigeria (TCN)
in favour of Messrs Intern Equipment Nigeria Limited in the sum of
US$502,950 plus N15, 800,000.

“The second approval was also received for the award of the
contract for the supply and delivery of three sets of online
partial discharge measurement and monitoring equipment for the TCN
in favour of Messrs T and D Technology Limited in the sum of US$
874,800 offshore plus N240,100,000 onshore with a delivery period
of nine months.

“The third approval was the award of the contract for the
repairs of 100 MVA and four sets of 60 MVA 132 33 power
transformers for TCN in favour of GT Engineering Limited in the sum
of US$ 661,220 offshore and N127,758,781 onshore with a delivery
period of 12 months.

“On the last one, approval was also granted for the contract for
procurement of 10 sets of 330 KV and 30 sets of 133 KV circuit
breaker for the TCN in favour of Horsepower Engineering Trading
Limited in the sum of US$ 502,719 plus N114,571,500 with a delivery
period of six months,” he said.

The Federal Executive Council (FEC) has approved $2,541,689,
N498, 230,281 for four projects in the Ministry of Power.

Minister of Power, Engr Saleh Mamman, disclosed this to State
House Correspondents after the week’s virtual Federal Executive
Council (FEC) presided over by Vice President Yemi Osinbajo (SAN)
at the Presidential Villa in Abuja.

The Minister, who was in the company of his counterparts from
the ministries of Works and Housing, Environment and Information an
Culture; Babatunde Fashola, Muhammed Mahmood and Alhaji Lai
Mohammed, respectively, provided details of the contracts.

“The Federal Ministry of Power also received the blessing of the
Federal Executive Council by giving four approvals for our
contracts. One is the supply and installation of motorised portable
hydraulic compressor for the Transmission Company of Nigeria (TCN)
in favour of Messrs Intern Equipment Nigeria Limited in the sum of
US$502,950 plus N15, 800,000.

“The second approval was also received for the award of the
contract for the supply and delivery of three sets of online
partial discharge measurement and monitoring equipment for the TCN
in favour of Messrs T and D Technology Limited in the sum of US$
874,800 offshore plus N240,100,000 onshore with a delivery period
of nine months.

“The third approval was the award of the contract for the
repairs of 100 MVA and four sets of 60 MVA 132 33 power
transformers for TCN in favour of GT Engineering Limited in the sum
of US$ 661,220 offshore and N127,758,781 onshore with a delivery
period of 12 months.

“On the last one, approval was also granted for the contract for
procurement of 10 sets of 330 KV and 30 sets of 133 KV circuit
breaker for the TCN in favour of Horsepower Engineering Trading
Limited in the sum of US$ 502,719 plus N114,571,500 with a delivery
period of six months,” he said.