The federal government of Nigeria has signed a $328.8 million contract with China Machinery Engineering Corporation (CMEC) for the rehabilitation and expansion of the country’s electricity transmission infrastructure under Phase I of the Presidential Power Initiative (PPI), also known as the Siemens Project.
The PPI, which was initiated in 2018 between the Nigerian and German governments, and Siemens AG of Germany, includes projects related to transmission, distribution, metering, simulation, and training.
The main goal of the initiative is to modernise and increase the Nigerian grid capacity from 5 GW to 25 GW in phases, and will contribute to efforts to reduce stranded generation capacity, enhance transmission reliability, and resolve longstanding bottlenecks in Nigeria’s power value chain.
The contract with CMEC includes engineering, procurement, construction and financing (EPC+F) for 330 kV and 132 kV transmission lines, covering 544 km and a load capacity of 7,140 MW across key brownfield and greenfield locations nationwide.
