BPE urges investors to establish transformer manufacturing plants in Nigeria




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ABUJA – Mr Benjamin Ezra Dikki, the Director-General Bureau Public Enterprises (BPE), has advised investors advantage the absence transformer manufacturers in establish own.

Th advice contained in a statement made available newsmen in Abuja on Wednesday by the bureau’s Head, Public Communications, Mr Chigbo Aniechebe.

It said that Dikki gave the advice when he received delegates from Shanghai Electric Power Transmission and Distribution Engineering Ltd. (SPTDE) from  China.

Dikki expressed concern that there in producing transformers and allied products.

He said that the reforms in the power sector had opened vast market in the sector and that the bureau willing assist genuine investors advantage these opportunities.

“The liberalisation of the power sector and others have given confidence to investors in the economy.

“If Shanghai should decide to establish an electricity transformer in , the Bureau will assist the to link with the relevant government institutions that will grant approvals and licences,” he said.

On power generation, Dikki said that the estimated power requirement was 40,000 megawatts while  the had installed capacity of 11,000 megawatts.

Mr Victor King, the Vice General Manager of Shanghai Electric Power Transmission and Distribution Engineering Company, said that Nigeria had huge market with its status as the biggest economy in .

He said the company intended to advantage of the huge market to establish its presence in the country and  was in talks with the Transmission Company of Nigeria (TCN) to establish areas of collaboration.

King said that the company was a specialised professional engineering company in the Shanghai Engineering Company’s power transmission and distribution group.

He highlighted its core to include power generation, power transmission and distribution, heavy industrial machinery, transportation and environment protection,  among others. (NAN