Archives Tag: Power Plant in Nigeria

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Transcorp to Raise $1b to Build Power Plants

April 19, 2022

Transnational Corporation of Nigeria (TRANSCORP) is positioned to boost Nigeria’s power needs through its recently acquired Ugheli Power plant in the Niger delta and plans to boost its output to 700 megawatts by the end of the year after spending as much as $300 million on turbine repairs, Chief Executive Officer Obinna Ufudo said. An increase in … Continue reading Transcorp to Raise $1b to Build Power Plants

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