NEWS

Transcorp Energy Limited has emerged as the successful bidder for selected project lots in the Federal Capital Territory. The projects fall under the World Bank-supported Utility-Enabled Projects coordinated by the Rural Electrification Agency (REA).

The company will deploy renewable energy through interconnected mini-grids. These systems will integrate with existing distribution networks. They will deliver reliable electricity to underserved communities across Abuja.

The initiative forms part of REA’s broader strategy. Specifically, it aims to accelerate sustainable energy access through public–private collaboration. In addition, it seeks to expand electricity supply beyond the national grid.

The Utility Enabled Projects programme promotes private sector participation. It focuses on decentralised renewable energy solutions. Consequently, it aims to improve supply reliability and expand access for homes and businesses.

Furthermore, REA noted that the mini-grid deployment will support power sector modernisation. It will integrate renewable energy with existing infrastructure. As a result, it will reduce reliance on expensive self-generation.

In addition, the initiative will lower energy costs for consumers. It will also improve power reliability across targeted communities.

Transcorp Energy reiterated its commitment to sustainable energy investment. It also pledged to build strategic partnerships. The company aims to expand electricity access and support Nigeria’s socio-economic development