The Chief Executive Officer of Transcorp Power Limited, Kalyana Sundaram said beyond the oil and gas strategy, the company has repositioned the power business to deliver a sustained increase in available and generated capacity in Nigeria.
According to him, the power business would continue to consistently lead the power generation sector in Nigeria, in terms of capacity and with an impeccable health and safety record.
He disclosed that the company is aggressively pursuing plans to increase the current 15 per cent contribution to the nation’s power generation to 25 per cent by 2027.
He assured that considering the company’s current 15 per cent contribution to the nation’s power needs, increasing the figure to 25 per cent can not be unachievable.
Source: The Guardian