Transmission Company of Nigeria Secures Over $1.3 Billion for Nationwide Transmission Projects
The Transmission Company of Nigeria (TCN) is implementing transmission projects valued at over $1.3 billion, funded by multilateral agencies to improve grid capacity and power delivery. Key projects include the $486 million Nigeria Electricity Transmission Project by the World Bank, the $170 million Abuja Transmission Project, the $200 million Northern Corridor Project by Agence Française de Développement, and the $210 million Nigeria Transmission Expansion Project funded by the African Development Bank.
Additionally, the Japan International Cooperation Agency is financing the $235 million Lagos-Ogun Power Transmission Project. TCN is also enhancing operational processes through an ERP solution and deploying CCTV systems for security.
