Govt Directs Joint Execution Team As Transcorp Offers Nuclear Power Plant

July 1, 2021
Govt Directs Joint Execution Team As Transcorp Offers Nuclear Power Plant
L-R: Permanent Secretary Ministry of Science and Technology,  Mr. Edet Akpan, Minister of State, Alhaji Mohammed Abdullahi; Minister of Science and Technology, Dr. Ogbonaya Onu; Managing Director/CEO of Transcorp Energy, Mr. Peter Ikenga;  Legal Manager, Transcorp Energy, Mr Humphry OnyeUkwu; and  Head of Strategy & Business Transformation, Transcorp Plc, Ms  Bekemen Idiake, at the meeting on Alternative Energy Solutions held in Abuja on Thursday.

The OPEN100 is the world’s first open-source blueprint for nuclear power plant deployment for a small, standard, pressurized water reactor, that will accelerate deployment of the modular nuclear plants for power generation.

Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc on Thursday announced an alternative energy solution in what it said was part of its broader integrated energy strategy. Unveiling the plan at a meeting with Nigeria’s Minister of Science & Technology, Dr. Ogbonnaya Onu, Head of Transcorp’s Energy business, Peter Ikenga, said it offered considerable potential to the power sector.

Join our WhatsApp Channel

Mr Ikenga stated that Transcorp Energy would collaborate with the Federal Government, through the Federal Ministry of Science and Technology, to develop nuclear power plants as alternative energy sources in Nigeria, using the OPEN100 model.

Mr. Ikenga in his remarks said, “This project is transformative, a first in Nigeria, and would radically change the way nuclear power plants are deployed, offering a substantially less expensive and less complicated solution. It will further provide the country with a reliable and sustainable energy source, without the challenges preventing stable and reliable power generation in Nigeria.”
Science Minister, Dr Onu, welcomed the Transcorp team and reiterated the government’s commitment to promoting robust application of science, technology and innovation in line with its Executive Order No. 5.

READ ALSO: Nigeria Soil Science Institute Seeks Partnership With Niger State

“We are delighted to see this innovation and appreciate Transcorp for continuing to champion innovative solutions to Nigeria’s power infrastructure needs,” he said.

He directed that a joint committee, comprising Transcorp and all relevant stakeholders, be established to jointly manage the execution of the project.

The OPEN100 is the world’s first open-source blueprint for nuclear power plant deployment for a small, standard, pressurized water reactor, that will accelerate deployment of the modular nuclear plants for power generation.

Kamsiyochukwu Mbamalu
+ posts

Featured Stories

Latest from News

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

Five Injured After Swiss Train Derails 

Five people have been injured after a regional train derailed in southern Switzerland, with police saying an avalanche may have crossed the tracks moments before the train passed. The accident happened early on Monday near the village of Goppenstein, as the area

Kenya Airport Strike Grounds Flights

A strike by aviation workers has disrupted flights and air traffic control operations at Kenya’s main airport, causing delays for passengers across the country. Kenya’s national carrier, Kenya Airways, said services were affected at Jomo Kenyatta International Airport, one of Africa’s busiest
key 1 768x1024 1
Previous Story

Muda Yusuf bows out at LCCI, Almona steps in

senate 690x449 1
Next Story

20 years after, Nigeria’s controversial oil bill sails through in Senate  

Don't Miss

Taiwo Awoniyi involved in the goal mouth battle that edged out Ipswich

Nottingham Forest Clinch FA Cup Quarters Slot, Ola Aina, Taiwo Awoniyi Impressive

Nottingham Forest won a fight to the finish battle against
UBA Group Donates $500,000 to AU Peace Fund

UBA Group Donates $500,000 to AU Peace Fund

United Bank for Africa (UBA) Group has donated $500,000 to