Stakeholders look to improve as CBN and AEDC build eight powerhouses – Business – The Guardian Nigeria News – Nigeria and World News
Hope grows for MSMEs as DisCo commissions electricity infrastructure in Niger
Around eight power substations worth billions of naira are being built in the Federal Capital Territory, Niger, Nasarawa and Kogi states under an intervention by the Central Bank of Nigeria (CBN) and Abuja Electricity Distribution Company to address epileptic power supply and trigger industrial activities. in the north-central region of the country.
As the utility company commissioned a 1X15MVA/33/11Kv injection substation yesterday in Bida, Niger State, stakeholders insisted that it was necessary for the country to boost small and medium enterprises in rural communities across the country.
Energy Minister Abubakar Aliyu said last month that the apex bank was funding a $250 million project to rehabilitate critical interface infrastructure between distribution companies and the transmission segment of the electricity sector. electricity. But AEDC told reporters that eight substations, which would significantly improve supply, are also underway.
The company also revealed that the cost of maintaining its equipment due to relentless vandalism has more than tripled.
Speaking during the commissioning of the new substation, a former member of the House of Representatives, Mohammed Farouk, who initiated the project, said the move would significantly improve supply in the areas, adding that electricity supply in the community had been a serious bottleneck.
Farouk called for proper use and protection of assets, adding that electricity supply was key to boosting economic activities and tackling insecurity.
AEDC Managing Director Adeoye Fadeyibi said the company would be able to supply more electricity and ensure the quality of supply with the substation.
According to him, the frequent power cuts would also be reduced thanks to the new infrastructure. He said the company’s new management would not shy away from ensuring consumers get more hours of electricity supply.
Represented by its Chief Commercial Officer, Sani Usman said, “Having this kind of critical infrastructure will help us demand more. The trip we used to have will also decrease. This installation has also encouraged us to deploy other installations that will support the lines connecting the substation.
The company’s technical director, Kassim Burkullu, has denounced the relentless vandalism of the company’s infrastructure, just that if vandals steal critical equipment, they end up selling it as scrap.
The development, he said, is now costing the company more than N1 billion per quarter in maintenance fees.
Burkullu said new projects under CBN’s involvement and the agreement with Siemens would bolster the company’s capacity in its franchise areas.
Estu Nupe, Dr. Yahaya Abubakar, who was represented at the event by Yahaya Madaki, warned the community against any acts of vandalism to the infrastructure, emphasizing the need for people to protect the sub- station.
“The new substation, installed in Bida, is a 1X15MVA, 33/11kv injection substation with 11kv panels, one incoming and two outgoing and manned by four distribution substation operators.
“The infrastructure should step down the voltage from 333kv to 11kv, radiate the substation feeder lines using the 11kv circuit breakers and change taps during unloading to improve the voltage if necessary. The substation would, among other things, improve the voltage profile in Bida and its surroundings, reduce technical losses due to low voltage, improve service delivery to peak demand customers and increase revenue generation. »