MHI has been awarded a management contract by the Transmission Company of Nigeria. The operation of TCN includes, but is not limited to, the key three functions of Market Operator (MO), System Operator (SO), and Transmission Service Provider (TSP). Throughout the term of the contract, one key objective for MHI will be to reorganize TCN such that the TSP becomes a separate entity from the MO and SO allowing it to become a privatized commercial company. MHI expects to turn TCN into a technically and financially efficient, stable, and sustainable company; a company that will be market-driven and capable of utilizing its maximum generation capacity and then distributing the energy throughout Nigeria 24 hours a day, 365 days a year. To do this, MHI will have to focus on developing the proficiency of local personnel.
This project is expected to commence July 2012.