Transcorp Power Archives

Transcorp committed to increasing power in Nigeria as revenue grow 46%

by Edwards Dami
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……Chairman Elumelu states “Transcorp will light up Nigeria”. At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc (“Transcorp”), the Board of Directors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders, while continuing its significant capital investment strategy. Despite the difficult economic […]

Transcorp Power commission 115MW gas turbine

by Edwards Dami
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Transcorp Power Limited commissioned a 115MW gas turbine to much fanfare. This commissioning is one of three milestones the GENCO intends to achieve in order to increase the power plants total generating capacity to 850MW. This by all standards is truly an impressive feat considering the fact that the plant had a total generating capacity […]

Transcorp Power inaugurates $28 million gas turbine plant

by Okemute Agbaro
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Transcorp Power Limited, a subsidiary of Transcorp Plc, on Monday inaugurated the 115-megawatts Gas Turbine 15 at its Ughelli Power Plant, bringing the capacity of the plant to 620MW. The company said in a statement that the inauguration of the $28.3m turbine was part of its commitment to generate 25 per cent of Nigeria’s total […]