{"id":4649,"date":"2017-12-12T23:03:37","date_gmt":"2017-12-13T06:03:37","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=4649"},"modified":"2017-12-12T23:04:47","modified_gmt":"2017-12-13T06:04:47","slug":"ge-signs-26m-agreement-mainstream-rehabilitate-kanji-hydro-turbine-generator-unit","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/ge-signs-26m-agreement-mainstream-rehabilitate-kanji-hydro-turbine-generator-unit\/","title":{"rendered":"GE signs $26m agreement with\u00a0Mainstream\u00a0to rehabilitate Kanji Hydro Turbine Generator unit"},"content":{"rendered":"<header class=\"entry-header\">\n<p class=\"post_title\"><img loading=\"lazy\" decoding=\"async\" class=\"\" style=\"font-size: 16px\" src=\"https:\/\/static1.squarespace.com\/static\/53d2a092e4b0125510bfe57d\/t\/560d5c88e4b05db7c9798cef\/1443716234633\/?format=750w\" alt=\"\u00a9\u00a0Energy Fortress\" width=\"748\" height=\"445\" \/>December 12, 2017:\u00a0<span style=\"font-size: 16px\">Mainstream Energy Solutions Limited has entered into an agreement with General Electric (GE) to inject fresh $26m (N8.3bn) investment into the Kainji Hydro Power Plant to rehabilitate its Hydro Turbine Generator unit.<\/span><\/p>\n<\/header>\n<div class=\"col-md-12 col-lg-8\">\n<div class=\"row\">\n<div class=\"entry-content\">\n<div class=\"code-block code-block-1\">\n<div>The rehabilitation is expected to be completed in 24 months. Upon completion, Kanji dam will add 96 megawatts to the National Grid and raise Mainstream\u2019s power generation capacity from both Kainji and Jebba Hydo Power plants to about 1, 000MW. \u00a0 Recall, the two hydrodam power plants have a combined installed capacity of about 1, 330MW.<\/div>\n<\/div>\n<p>The Chairman, MESL, Col. Sani Bello (retd.), said his company (Mainstream Energy Solutions) was committed to the concession of Kainji and Jebba plants with a view to significantly improving electric power supply to Nigerians.<\/p>\n<p>He said negotiations for the rehabilitation of the Jebba plant were ongoing, noting that the rehabilitation would further increase power output from Mainstream\u2019s operations by another 96MW of electricity.<\/p>\n<p>He called on the government to meet its own side of the agreement to enable the company achieve its set objectives.<\/p>\n<p>The chairman said, \u201cWe can\u2019t meet our own side of the bargain unless our partners in the concession also meet their own side of the agreement.<\/p>\n<p>\u201cSo far, the agreement has been truncated but we have managed to survive and keep our heads above water. I hope that payments are substantially made as agreed. We have got a lot of outstanding invoices.\u201d<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>December 12, 2017:\u00a0Mainstream Energy Solutions Limited has entered into an agreement with General Electric (GE) to inject fresh $26m (N8.3bn) investment into the Kainji Hydro Power Plant to rehabilitate its Hydro Turbine Generator unit. The rehabilitation is expected to be completed in 24 months. Upon completion, Kanji dam will add 96 megawatts to the National [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[66],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GE signs $26m agreement with\u00a0Mainstream\u00a0to rehabilitate Kanji Hydro Turbine Generator unit<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nigerianews.ca\/ge-signs-26m-agreement-mainstream-rehabilitate-kanji-hydro-turbine-generator-unit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GE signs $26m agreement with\u00a0Mainstream\u00a0to rehabilitate Kanji Hydro Turbine Generator unit\" \/>\n<meta property=\"og:description\" content=\"December 12, 2017:\u00a0Mainstream Energy Solutions Limited has entered into an agreement with General Electric (GE) to inject fresh $26m (N8.3bn) investment into the Kainji Hydro Power Plant to rehabilitate its Hydro Turbine Generator unit. The rehabilitation is expected to be completed in 24 months. 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