Transcorp on track to generate 850 MW in 2015

Power Station

Power Station

Power Station
Power Station

LAGOS, June 19 (Reuters) – Nigerian conglomerate Transcorp is on track to achieve power generation capacity of 850 megawatts this year, up from 610 megawatts last year, its CEO said on Friday.

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Transcorp, which also has interest in hotels, oil and gas, was one of several firms to win bids to buy government power assets two years ago, sold as part of a privatisation meant to end decades of blackouts in Africa’s biggest economy.

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