The Vice President, Prof. Yemi Osinbajo has commissioned the Transafam Power Limited, a subsidiary of Transnational Corporation Plc’s 240MW Afam Three Fast Power plant in Afam, Rivers State.
With an already existing power plant residing in Afam, this brought the cumulative generating capacity of the plant to 1,000MW.
The project was executed in a collaborative effort between General Electric, the Federal Government, and other stakeholders to improve power generation and supply in the country.
A statement by the company said the expected outcome of the project was to augment the national grid with an additional 966 MW of electricity.
In his keynote address at the commissioning of the Afam 3 Fast Power 240-megawatt turbine inauguration in Rivers state on Tuesday, Osinbajo noted that the Afam 3 Fast Power project was executed by Transcorp Power.
According to him, the company’s Ughelli power plant had just been delisted from the privatisation monitoring initiative of the Bureau of Public Enterprise, and had shown itself to be an outstanding investor in the country’s power sector.