Transmission Company of Nigeria (TCN) was incorporated in November 2005. TCN emerged from the defunct National Electric Power Authority (NEPA) as a product of the merger of the Transmission and Operations sectors on April 1, 2004.
Being one of the 18 unbundled Business Units under the Power Holding Company of Nigeria (PHCN), the company was issued a transmission License on 1st July, 2006. TCN licensed activities include: electricity transmission, system operation and electricity trading which is ring fenced.
• Build transmission grid that can efficiently evacuate all generated power.
• Create adequate network redundancies to ensure at least 99.9% reliability.
• Reduce transmission loss to 5%.
• Pursue interconnection with neighboring countries for power exchange with associated cost savings from the sharing of reserve capacity and energy resources.
• Improve TCN’s revenue base, to ensure a self-sufficient and self-sustaining company.
• Ensure that safety and environmental issues are managed to meet international standards.
• Standardization of procurement procedure to reflect international standard.
• Provide an effective project management system.
• Provide standard human capacity development of TCN staff for high level performance.
Plot 441 Zambezi Crescent Maitama FCT