The Federal Executive Council (FEC) in Nigeria has approved a contract for the supply of 746km of Aluminium Conductor Composite Core Reinforced (ACCR) for the re-conduction of the Onitsha-New Haven 330 KV transmission line.

The project will employ about 3,000 workers during the installation of the conductor while the multiplier effect of additional 400MW of power to the thriving areas of New Haven, Abakaliki and Makurdi would stimulate the generation of over one million jobs.

Briefing reporters after the council meeting, the Minister for Power, Professor Chinedu Nebo, said that the Transmission Company of Nigeria (TCN) intended to fund the contract from the $135 million allocated to TCN from the proceeds of the Euro bond recently issued by the Federal Government.

“The reinforcement of the line would improve the nation’s transmission capacity and facilitate the evacuation of stranded generation from Afam and Okpai Power Plants.