TRANSCORP POWER PLC (TRANSPOWER)

Transcorp Power PLC – Company Overview

Transcorp Power PLC

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About the Company

Transcorp Power PLC, established in 2012, is a leading power generation company in Nigeria. The company operates the Ughelli Power Plant, a gas-fired thermal plant located in Delta State, with an installed capacity of 972 MW. Transcorp Power is committed to providing reliable and sustainable energy solutions, contributing significantly to Nigeria’s electricity supply.

Leadership Team

  • Mr. Tony O. Elumelu – Chairman
  • Mr. Peter Ikenga – Managing Director/CEO
  • Mr. Christopher Ezeafulukwe – Non-Executive Director

Corporate Social Responsibility (CSR)

Transcorp Power PLC is committed to corporate social responsibility through initiatives that promote community development, environmental sustainability, and economic growth. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.

Company Milestones

  • 2013: Acquired the Ughelli Power Plant as part of Nigeria’s power sector privatization.
  • 2015: Increased the plant’s available capacity from 160 MW to 680.83 MW, surpassing the 5-year target set by the Bureau of Public Enterprises.
  • 2024: Listed on the Nigerian Exchange Limited with a market capitalization of N1.8 trillion.

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