Report by Engineering Post
Public investment to the tune of Rs 253660 million has been made to the Power Sector under the Public Sector Development Programme (PSDP)of the Federal Government for ongoing financial year 2024-25 including the government budgeted , self-finance projects of this important sector corporations excluding the Independent Power Producers (IPPs) whose agreements were being constantly reviewed at the appropriate level, cancelled to avoid the heavy Capacity Payment provisions.
During the current financial year 204-25, work was in progress at various levels for addition of an incremental 1962 MW to the generation mix , making the cumulative figure rise to 43310 MW . This included the addition of 1302 MW from renewable energy (incorporating hydel) by end June 2025 when the overall Generation Mix will comprise 34.3 percent of renewable resources (including hydel) and 65 percent thermal (including nuclear power).Out of planned increase in the incremental capacity of 1962 MW includes addition of Solar 132 MW , Hydel 1138 MW, Coal (imported ) 660 MW,Bagasse 32 MW Quite interestingly, no addition to the Power Sector during the ongoing financial year.will somehow has been planned through Wind, Coal (local), Gas Regasified Liquefied Natural Gas (RLNG) ,Oil, and Nuclear sources.
Furthermore , by the end June 2025, the transmission sector was planned to be boosted by an additional 4950, 5840 and 1000 MVA capacity on 500KV, 220 KV and 660 KV grids respectively. The transmission lines on 500 kv and 660 voltage levels will hopefully be extended by 24420 and 226 km each.
The investments in the distribution sector will result in the electrification of 6937 villages and an increase of 1775643 number of new connections for ten Power Distribution Companies operating all over the country.. Additionally, the distribution lines i.e. 132 kv lines will be extended by 1599 kilometers and the capacity of 13 kv grids will be strengthened by 3328 MVA.
