// Workers AI · dad joke modeWhat did TransAfam Power say to the outlet? You're a great con-ductor.
TransAfam Power is a Nigerian power generation plant. TransAfam Power's 2,000 megawatts capacity consists of Afam Power Plc, Afam 3 Fast Power Ltd, and Afam IV & V.
History
[edit]In November 2020, Transcorp Group acquired Afam Power and Afam 3 Fast Power Limited (jointly referred to as Afam GenCo) as a 1000 megawatt capacity plant for ₦105.3bn.[1] In February 2023, TransAfam announced the rehabilitation of its Afam V GT unit 20 Gas Turbine power generating unit to add 138 megawatts to its existing capacity.[2]
In May 2023, the 240 megawatts Afam 3-Fast Power Plant was commissioned.[3][4] In the same month, the Federal Government of Nigeria signed a 20-year Power Purchase Agreement with TransAfam Power, for 726 megawatts capacity from the power plant.[5] Later in May 2024, Tony Elumelu, chairman of TransAfam's parent company, stated at an annual general meeting that N250 billion was being owed by the Federal Government to TransAfam.[6] He had also mentioned a year before that during the Federal Government's acquisition of 240 megawatts of fast power turbines from General Electric for installation in TransAfam, General Electric threatened to pull out of the project when the Federal Government of Nigeria could not provide 65 million cubic meters of gas needed for the comprehensive testing of the installed power plant.[7][8]
Nigerian Electricity Regulatory Commission published in April 2024 that Afam IV & V and other smaller power plants produce just about 1,261 megawatts which made up 25% of the power consumed in Nigeria.[9] July 2024, the Abuja Electricity Distribution Company signed a Memorandum of Understanding (MOU) with TransAfam Power to supply 50 Megawatts of embedded power to Idu Commercial Hub in Abuja.[10][11]
A report by Nigerian Electricity Regulatory Commission in September 2024 highlighted Azura IPP, Odukpani, and Afam VI as Nigeria's top performing power plants with availability factors of 98, 98, and 74 per cent respectively.[12]
Incidents
[edit]In April 2024, Transmission Company of Nigeria reported that a fire which had erupted at the Afam V 330kV bus bar coupler tripped off units at Afam III and Afam VI. It led to a temporary national grid collapse.[13]
References
[edit]- ↑ https://proshare.co/articles/transcorp-acquires-afam-power?http://www.google.com/menu=Economy&classification=Read&category=Power%20%26%20Energy
- ↑ Uko, Nse Anthony- (1 February 2023). "Transcorp Group Completes Afam 5 Gas Turbine, Adds 138MW To National Grid". Leadership. Retrieved 25 March 2025.
- ↑ "FG Approves Acquisition of Abuja Disco by Transcorp Consortium". This Day. Retrieved 25 March 2025.
- ↑ Aduloju, Bunmi (9 May 2023). "Osinbajo inaugurates Transcorp's 240MW Afam power plant". TheCable. Retrieved 25 March 2025.
- ↑ Nnodim, Okechukwu (25 May 2023). "FG, Trans-Afam sign 20-year power purchase deal". The Punch. Retrieved 25 March 2025.
- ↑ "Elumelu Urges FG to Pay N2tn Debts Owed to GENCOs to Avert Power Sector Collapse". This Day. Retrieved 25 March 2025.
- ↑ "How GE threatened to pull out of TransAfam Power over gas shortage – Elumelu". Daily Trust. 28 August 2023. Retrieved 25 March 2025.
- ↑ Okojie, Kelvin (28 August 2023). "GE threatened exit from TransAfam power project for lack of gas says Elumelu". BusinessDay. Lagos, Nigeria. Retrieved 25 March 2025.
- ↑ Akintayo, Opeoluwani (1 April 2024). "16 Of 26 Power Plants Record 37% Capacity Amid Incessant Grid Collapses". Channels Television. Retrieved 25 March 2025.
- ↑ Nwafor (24 July 2024). "AEDC, TransAfam seal deal to supply 50MW to Abuja Industrial Hub". Vanguard. Lagos, Nigeria. Retrieved 25 March 2025.
- ↑ Uko, Nse Anthony- (26 July 2024). "AEDC, Transafam Partnership Targets 50MW Embedded Power To Idu Commercial Hub". Leadership. Retrieved 25 March 2025.
- ↑ Oyediran, Tosin (21 October 2024). "NERC reveals September report on national grid". The Punch. Retrieved 25 March 2025.
- ↑ Makurdi, John Ofikhenua, Abuja, Samuel Oamen, Oyebola Owolabi, Toba Adedeji, Osogbo, Mike Odiegwu, Port Harcourt, Rosemary Nwisi, Port Harcourt, Damian Duruiheoma, Enugu, Onimisi Alao, Yola, Uja Emmanuel (16 April 2024). "Another power grid collapse paralyses businesses, other activities". The Nation. Lagos, Nigeria. Retrieved 25 March 2025.
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