Transcorp Energy Limited has been selected to deliver renewable electricity projects in Abuja after emerging as a winning bidder under a World Bank-backed power initiative.
The project, coordinated by the Rural Electrification Agency, focuses on expanding access to electricity in underserved communities within the Federal Capital Territory. It is part of the Utility Enabled Projects programme, which encourages private sector involvement in developing sustainable energy solutions.
Under the arrangement, Transcorp Energy will deploy interconnected mini-grids designed to work alongside the existing distribution network. The approach is expected to improve power supply reliability while extending electricity access to homes and businesses that currently face limited or unstable service.
The initiative is supported by the World Bank and aims to accelerate Nigeria’s transition to cleaner energy through partnerships between government agencies and private companies.
Speaking on the development, the company’s leadership described the project as a major step in its push to grow renewable energy capacity across the country. They noted that the investment would not only provide cleaner power but also contribute to economic growth and better living conditions in targeted communities.
On its part, the Rural Electrification Agency said the selection of Transcorp Energy reflects the programme’s ability to attract credible investors capable of delivering large-scale solutions. The agency added that such collaborations are critical to achieving broader electrification goals and reducing the country’s dependence on unreliable power sources.
The rollout of interconnected mini-grids is also expected to reduce reliance on costly self-generation, a common alternative for many Nigerians due to inconsistent grid supply. By integrating renewable systems into existing infrastructure, the project aims to lower energy costs over time and enhance overall efficiency in the power sector.
Transcorp Energy reaffirmed its commitment to expanding energy access through sustainable investments and partnerships, positioning the project as part of a wider effort to support Nigeria’s long-term development and energy transition.
