Geregu Power Plc has reconnected to the national electricity grid following the completion of the rehabilitation of one of its failed generator transformers, ending more than six months of shutdown caused by system turbulence, grid collapses, and transformer bushing failure.

The reconnection of the plant’s GT13 unit was achieved at about 8:48 a.m. on Tuesday, August 18, 2026, according to the Acting Managing Director of Geregu Power Plc, Muhammed Sani Jaoji.

Jaoji disclosed this while speaking with journalists in Ajaokuta, Kogi State, yesterday, describing the development as a major milestone in the company’s ongoing recovery programme under its new owners, MA’AM Energy Limited.

He said the company’s objective was to restore Geregu Power Plc to its position as a major contributor to Nigeria’s electricity supply, with a target of generating about 10 per cent of the country’s total electricity consumption.

According to him, the recovery programme would continue with the rehabilitation of the second thermal power transformer, which is expected to be synchronised with the national grid in September 2026.

He added that the third unit was expected to follow in October.

Jaoji commended the chairman and members of the Board for providing direction and support to the management and staff, which he said contributed to the successful completion of the rehabilitation work.

Speaking on the plant’s operational history, the Head of Maintenance, Bernard Siaka, said the GT11 unit had been out of production since May 27, 2023, before the previous owners divested their interest to MA’AM Energy Limited.

He said GT12 and GT13 remained operational until December 29, 2025, when the plant experienced system turbulence and a grid collapse about 2:02 p.m.

According to Siaka, the incident caused a transformer failure and further disrupted the plant’s operations.

He attributed the failure to challenges associated with a previous major system overhaul, saying the work was carried out by a company other than Siemens, the original builder and Original Equipment Manufacturer (OEM) of the plant.

Siaka said the workforce had regained confidence following the appointment of Jaoji, who he described as one of the foundation engineers of the plant.

In a related development, Geregu has settled its outstanding bond obligations in full, with the company’s Chairman, Senator Abdul’aziz Abubakar Yari, assuring investors and other stakeholders of the Board’s determination to uphold its financial commitments.

The company confirmed that payment of its outstanding bond obligations was effected in full on August 19, 2026.

Speaking on the development, Yari said the Board was committed to ensuring that the company meets its obligations to bondholders and trustees.

Yari assured stakeholders that the Board would continue to take all necessary measures to protect the interests of bondholders and shareholders.