January 31, 2023

Electricity: Transcorp increases generation as it inaugurates rehabilitated GT Unit 20

From Left: Managing Director/CEO Transafam Power Limited, Engr. Vincent Ozoude; Technical Board Member, Mr, Tony Chukweke; President/ Group CEO; Dr. Owen Omogiafo and MD/CEO Transcorp Energy Limited; Peter Ikenga at the inauguration of Afam 5 GT unit 20 Gas Turbine generating plant in Rivers State.

By Udeme Akpan, Energy Editor

TransAfam Power Ltd, a subsidiary of Transcorp Group, has completed the rehabilitation of its Afam 5 GT unit 20 Gas Turbine power-generating unit located at Okoloma – Afam, Ndoki in Oyigbo Local Government Area of Rivers State.

The rehabilitated unit has also been successfully inaugurated and synchronized to the national grid, bringing an additional 138MW to its existing capacity.

The Managing Director/CEO, Transafam Power Limited, Engr. Vincent Ozoude, expressed his delight about the newly rehabilitated unit, with the capacity to power up to 100,000 homes in a year.

He said: “Since the administrative handover of the Afam Power Plant in March 2021, we have been working diligently to realize the full potential of the plant. We are pleased to have successfully completed the rehabilitation of GT20, having been out of service for over 15 years prior to our takeover. We are glad to have achieved this feat, using a combination of our in-house resources and other local technical support, with about 20% of foreign expert support in the rehabilitation project, showing our commitment to local content development,” Ozoude said.

“It is impressive how far we have come from 48MW average generation, when we took over, to raising production to 120 MW generation within the first two months,” Ozoude added, as he expressed appreciation to the company’s host community, Okoloma-Ndoki, and other stakeholders.

Dr. Owen Omogiafo, President and Group CEO of Transcorp, who was accompanied by the members of the Technical Committee of the Board of Directors, expressed delight at the commissioning of the rehabilitated Afam 5 GT 20 power generating unit, stressing its significance to Transcorp Group and their commitment to transforming the power sector in Nigeria.

“Our purpose at Transcorp Group is to Improve Lives and Transform Africa, one investment at a time. We are pleased with the progress we are making to expand access to electricity in Nigeria through our investments in the power sector,” Dr. Omogiafo said.

“You cannot achieve sustainable economic transformation without a reliable power supply. It is that understanding that has led us at Transcorp, under the leadership of our Group Chairman, Mr. Tony O. Elumelu CFR to invest in the power sector. We are happy with the progress we are making in our power plants and strive to continue to optimize our available generation capacity, with an improved gas supply, which has become increasingly challenging. We will also continue to build our local capacity by investing in human capital development and positive engagement with our host communities and stakeholders” Omogiafo added.

Transcorp Group had in 2013, through its power subsidiary, Transcorp Power Limited (TPL), acquired the 972MW gas-fired Ughelli Power Plant, which has since been phenomenally transformed. With the acquisition of Afam Power Plc, Transcorp has further cemented its position as a key player in the power sector.

Transnational Corporation plc (Transcorp Group) is Nigeria’s largest leading diversified conglomerate with strategic investments and core interests in the power, hospitality, and energy sectors.