{"id":20376,"date":"2024-02-21T09:53:31","date_gmt":"2024-02-21T09:53:31","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=20376"},"modified":"2024-02-21T09:53:31","modified_gmt":"2024-02-21T09:53:31","slug":"fg-hands-over-zungeru-power-plant-to-concessionaire","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/02\/21\/fg-hands-over-zungeru-power-plant-to-concessionaire\/","title":{"rendered":"FG Hands Over Zungeru Power Plant To Concessionaire"},"content":{"rendered":"<p>The Federal Government has transferred the operations of the Zungeru Hydroelectric Power Plant to Penstock Limited, aiming to enhance Nigeria&#8217;s power generation capacity and address its growing energy demands.<\/p>\n<p>The Concession Agreement was signed in December 2023, and Penstock Limited fulfilled its obligations by paying 50% of the commencement fees in January 2024.<\/p>\n<p>The 740MW Zungeru power facility, located in Niger State, is Nigeria&#8217;s largest hydropower project, expected to generate 2.64bn kWh of electricity annually, meeting approximately 10% of the country&#8217;s domestic energy needs.<\/p>\n<p>Besides power generation, the project will provide flood protection, water for irrigation, and employment opportunities for over 2,000 people during peak construction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Government has transferred the operations of the Zungeru Hydroelectric Power Plant to Penstock Limited, aiming to enhance Nigeria&#8217;s power generation capacity and address its growing energy demands. The Concession Agreement was signed in December 2023, and Penstock Limited fulfilled its obligations by paying 50% of the commencement fees in January 2024. The 740MW [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":20378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-20376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/20376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=20376"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/20376\/revisions"}],"predecessor-version":[{"id":20379,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/20376\/revisions\/20379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/20378"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=20376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=20376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=20376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}