Geregu Power Plc Secures Siemens Deal for Transformers

Geregu Power Plc has entered into an agreement with Siemens Energy for the procurement of three generator transformers aimed at improving the reliability of its power plant operations. This decision follows a sharp decline in electricity revenue, which fell by 78.7% to N18.66 billion in the first half of 2026, compared to N87.63 billion in the same period in 2025.

The transformers will be utilized for the GT11, GT12, and GT13 generating units at the Geregu Power Plant located in Ajaokuta, Kogi State. Siemens Energy is responsible for the design, manufacture, testing, and delivery of the transformers, with Geregu participating in Factory Acceptance Testing prior to shipment.

The announcement did not include details regarding the contract value, delivery schedule, or commissioning date. The agreement builds on the existing relationship between Geregu and Siemens, focusing on enhancing infrastructure for the generating units.

Additionally, Geregu's financial statements indicate significant operational challenges, including a major turbine maintenance program that disrupted operations.