Transcorp Energy Limited has emerged as a successful bidder under a World Bank-supported renewable energy programme coordinated by the Rural Electrification Agency (REA), in a move aimed at expanding electricity access in underserved parts of the Federal Capital Territory.
The company, a subsidiary of Transnational Corporation Plc, will deploy interconnected renewable energy mini-grids designed to integrate with existing distribution infrastructure across Abuja.
The project falls under the Utility Enabled Projects (UEP) programme, a World Bank-backed initiative designed to increase private sector participation in Nigeria’s power sector.
The programme focuses on decentralised energy solutions that complement the national grid, improve reliability and expand electricity access for households and businesses.
By deploying interconnected mini-grids, the initiative aims to deliver more stable and sustainable electricity to communities that currently experience limited or unreliable power supply.
Managing Director and Chief Executive Officer of Transcorp Energy, Chris Ezeafulukwe, described the project as a milestone in the company’s renewable energy expansion strategy.
“This renewable energy project marks a significant milestone for Transcorp Energy as we continue to expand access to clean and reliable energy across Nigeria. It demonstrates our commitment to driving renewable energy growth while supporting economic development and environmental sustainability,” he said.
He added that the company would work with consortium partners to deliver solutions that support local businesses and improve livelihoods in beneficiary communities.
The REA said the project underscores its strategy of leveraging private sector expertise to accelerate electrification.
According to Abba Abubakar Aliyu, Managing Director of the agency, the Utility Enabled Projects programme is designed to attract capable developers and scale sustainable electricity delivery.
“The Utility Enabled Projects are a critical component of REA’s strategy to empower capable private sector developers to deliver sustainable electricity solutions at scale,” he said.
Aliyu noted that the selection of Transcorp Energy reflects the programme’s ability to attract partners aligned with Nigeria’s broader energy transition objectives.
The deployment of renewable mini-grids is expected to contribute to ongoing efforts to modernise Nigeria’s electricity sector by integrating alternative energy sources into existing infrastructure.
Analysts say such projects could help reduce dependence on diesel and petrol generators, which remain widely used across the country due to inconsistent grid supply.
The initiative is also expected to lower energy costs for consumers, improve reliability and support small businesses that rely heavily on stable electricity.
For Transcorp Energy, the project signals a deeper push into sustainable energy infrastructure, while for policymakers, it represents a step towards bridging Nigeria’s longstanding electricity access gap.
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