The federal government has handed over the $1.3 billion Zungeru Power Plant to Mainstream Energy Solutions Limited in a move to stabilise the national grid and increase it to 13,000 megawatts. The grid-connected electricity is currently 12,200 megawatts and the new development will increase the total number of power plants on the grid to 27. Zungeru with 700mw capacity is approximately $1.3 billion, and reportedly, the largest power project completed in Nigeria over the past decade. Additionally, it stands as one of the most significant power ventures in Africa to…
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