The first Central Bank of Nigeria (CBN)’s 110MVA sponsorshed power transformer project in Isolo,Lagos,has added 88MW to the national grid.
The Minister Minister of Power,Adebayo Adelabu revealed this when he commissioned the ambitious project in Lagos.
He commended the Central Bank of Nigeria, the Transmission Company of Nigeria, and all stakeholders who have contributed to the successful execution of the project and urges all stakeholders to ensure the sustainability,security, and optimal use of this infrastructure.
He added:“Beyond enhancing electricity supply, this project has broader implications for our economy through direct impact on small and medium-sized enterprises (SMEs) and large industries, reduction in operational challenges caused by power shortages, fostering economic growth and creating job opportunities, and driving local and regional development, particularly in Lagos, a critical economic hub of our nation. This is in line with the Renewed Hope Agenda of Mr. President”.
Speaking,the Managing Director, Transmission Company of Nigeria (TCN), Engr. Sule Abdulaziz, the project would expand and enhance the nation’s transmission grid as well as progressively increase TCN’s capacity to transmit more bulk electricity through substations such as the Isolo Transmission Substation to Distribution Companies for their customers.
The 110MVA transformer at Isolo 132/33kV Transmission Sub-Station,he said,is the first Service Level Agreement (SLA) project to be commissioned in TCN.
He revealed that the project is a manifestation of TCN’s unwavering commitment to strengthening Nigeria’s transmission network despite the many challenges.
“This is the first Service Level Agreement (SLA) transformer project completed and energized by TCN. We are proud of this achievement, as every successfully completed and energized project brings us closer to realizing a robust and stable grid system.
“Contributing an additional 88MW to the substation’s capacity, bringing it to a total of 184MW. This enhancement significantly boosts the substation’s ability to provide improved electricity supply to the Ikeja Electricity Distribution Company (IKEDC)”
Abdulaziz stated that with the project, IKEDC would be able to transmit more power to critical areas within its network, including Airport Road, Ajao Estate, IsoloLocal Council, PTC, Afprint, Idi-Araba, Aswani, and Pure Hygiene. This will lead to enhanced power availability and reliability for both residential and commercial consumers in these areas.
“The impact of this project is truly invaluable. The new 110MVA power transformer will greatly enhance electricity supply reliability and capacity in Lagos, improving power delivery to residential, commercial, and industrial consumers in key areas. It will also reduce operational challenges, promote economic growth, and create job opportunities that will drive local and regional development”.
He added that TCN installed and energized over 42 power transformers in several substations nationwide, in 2024 alone.