{"id":119295,"date":"2021-12-10T14:16:12","date_gmt":"2021-12-10T13:16:12","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=119295"},"modified":"2021-12-10T14:16:12","modified_gmt":"2021-12-10T13:16:12","slug":"minister-siemens-power-project-to-commence-q1-2022","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/12\/10\/minister-siemens-power-project-to-commence-q1-2022\/","title":{"rendered":"Minister: Siemens power project to commence Q1 2022"},"content":{"rendered":"<p>Minister of power, Abubakar Aliyu has stated that the Siemens AG power project will commence in the first quarter of 2022.<\/p>\n<p>President Muhammadu Buhari in 2019 had signed a power project deal<span data-preserver-spaces=\"true\">\u00a0with Siemens AG, a Germany-based firm, to deliver 7,000 megawatts (MW) of electricity to the national grid by 2021.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A year later, the federal government approved the payment of<\/span><span data-preserver-spaces=\"true\">\u00a0\u20ac15.21 million and N1.708 billion as counterpart funding for the project.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Speaking at a workshop organised by the Power Correspondents Association of Nigeria (PCAN) in Abuja on Thursday, Aliyu said that all is set for the takeoff.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The minister noted that the project would expand Nigeria\u2019s <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/12\/06\/blackout-in-abuja-as-electricity-workers-embark-on-strike\/\">electricity<\/a> from the current 4,500MW to 25,000MW.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe Presidential Power Initiative (PPI) which began in 2021 is in three phases and is estimated to be completed in 2025,\u201d Aliyu said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe phases cover the upgrading and expanding the transmission networks (TN) and Distribution Companies (DisCos) networks; improvement of access to affordable, efficient and reliable electricity and, providing support of industrial and economic growth in the country.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThis first phase which began in 2021 will go on for a period of 10 months with the end goal of pushing to 7,000MW. So far, there has been no hitch as the team is currently in the pre-engineering phase.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe second phase will raise the availability to 1,000MW, and the third phase will raise the availability to 25,000MW.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cGiven Siemens AG\u2019s accomplishment of a similar plan in Egypt and also its reputation as an international giant in the power sector related engagements, it is strongly believed that the Nigeria Electricity Roadmap (NER) is possible and achievable.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The minister explained that the government was currently evaluating the procurement process and was confident that a positive outcome would emerge.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThis project has reached an advanced stage of activities in line with the Siemens project implementation plan,\u201d the power minister said.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cSustainable growth in the power sector can only be achieved by adding renewable sources to the energy mix. Today, for example, 80 percent of our energy comes from gas-fired plants.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cGovernment is driving the change to increase the quantum of renewable energy sources using solar, wind, and hydros across the nation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe are encouraging investments in renewable sources in areas with comparative advantages. We are working tirelessly to increase the hydro and solar opportunities in the country.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minister of power, Abubakar Aliyu has stated that the Siemens AG power project will commence in the first quarter of 2022. President Muhammadu Buhari in 2019 had signed a power project deal\u00a0with Siemens AG, a Germany-based firm, to deliver 7,000 megawatts (MW) of electricity to the national grid by 2021. A year later, the federal [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":119300,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[17085,10436,24732,24731],"class_list":["post-119295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-abubakar-aliyu","tag-muhammadu-buhari","tag-presidential-power-initiative","tag-siemens-ag-power-project"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Minister: Siemens power project to commence Q1 2022<\/title>\n<meta name=\"description\" content=\"Minister of power, Abubakar Aliyu has stated that the Siemens AG power project will commence in the first quarter of 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2021\/12\/10\/minister-siemens-power-project-to-commence-q1-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister: Siemens power project to commence Q1 2022\" \/>\n<meta property=\"og:description\" content=\"Minister of power, Abubakar Aliyu has stated that the Siemens AG power project will commence in the first quarter of 2022. 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