The federal government has approved $2.54 miilion and N498.23 million for four projects being handled by the ministry of power.
Saleh Mamman, Minister of Power, made the announcement in Abuja on Wednesday, after the Federal Executive Council.
“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 a motorised portable hydraulic compressor for the Transmission Company of Nigeria in favour of Messrs Intern Equipment Nigeria Limited for $502,950 plus N15,800,000”, he said.
“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 $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 $661,220 offshore and N127,758,781 onshore with a delivery period of 12 months”.
He stated that approval was also granted for the procurement of 10 sets of 330KV and 30 sets of 133KV circuit breaker for the TCN in favour of Horsepower Engineering Trading Limited in the sum of $502,719 and N114,571,500 with a delivery period of six months.