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The Federal Government on Wednesday signed a $328. 8 million contract with Chinese firm China Machinery Engineering Corporation (CMEC), to rehabilitate and expand Nigeria's electricity transmission network under Phase 1 of the Presidential Power Initiative (PPI). The project covers 544 kilometers of transmission lines. . The Zungeru Hydroelectric Power Project is a 700 MW hydroelectric facility being built on the upper and middle reaches of the Kaduna River in Niger State, Nigeria. The federal government on Wed started a new phase of the Presidential Power Initiative (PPI), also called the Siemens project, with the signing of a $328 million Engineering, Procurement. . The Federal Government of Nigeria (FGN) Power Company has signed a major Engineering, Procurement, Construction and Financing (EPC&F) contract worth US$328,818,916. Speaking during the meeting where the. .
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