ICRC demands full capacity operation of 700MW Zungeru Hydropower Plant
The Infrastructure Concession Regulatory Commission (ICRC) has warned stakeholders that the $1.3 billion, 700-megawatt Zungeru Hydropower Project cannot be allowed to operate below capacity. The post ICRC demands full capacity operation of 700MW Zungeru Hydropower Plant appeared first on Nairametrics .
The Infrastructure Concession Regulatory Commission (ICRC) has urged stakeholders to ensure the full capacity operation of the 700-megawatt Zungeru Hydropower Plant, which is currently generating only 350 megawatts. The ICRC Director General, Dr. Jobson Oseodion Ewalefoh, made this appeal during a stakeholders' meeting. The $1.3 billion Zungeru project, currently under the concession of Penstock Limited, is the largest hydropower initiative in Nigeria and one of Africa's biggest power projects to receive a preferential loan from the Exim Bank of China.
Ewalefoh emphasized that the ICRC is committed to addressing all legal and operational issues hindering the plant's optimal performance. The ICRC has also pledged to submit a final report to the President on Zungeru and other PPP-operated power plants, including Kainji, Jebba, Shiroro, Dadinkowa, and Kashimbila, in line with ICRC Act 2005.
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