Archives Tag: transcorp ughelli power
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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
By elizabeth
Transcorp Partners with General Electric to Improve Power Generation in Nigeria
April 19, 2022
Transcorp Ughelli Power Ltd (TUPL), the power subsidiary of Transnational Corporation of Nigeria, and General Electric (GE) have signed an agreement to expand the capacity of TUPL’s Ughelli power plant by 1000MW over the next 3 to 5 years. Both parties have also signed a separate agreement to rehabilitate the damaged GT 15 turbine at … Continue reading Transcorp Partners with General Electric to Improve Power Generation in Nigeria
