Transafam Power Limited (TAPL) is the core investor in Afam GenCo, comprising of Afam Power Plc and Afam Three Fast Power Limited. The Afam GenCo Power Plant is located at Okoloma Village, in Oyigbo Local Government Area of Rivers State, approximately 40 km north of Port-Harcourt.
The Power Plant includes five separate power plants (Afam I – V) owned by Afam Power Plc (“APP”) and the brand new Afam Three Fast Power Plant owned by Afam Three Fast Power Limited (ATFPL). The total installed capacity of the plant is 966MW. With the acquisition of Afam Genco, Transcorp Group increased its installed capacity to nearly 2000MW and continues to work toward recovering more of the installed capacity.
This acquisition also came with many advantages including closeness to gas supply, sufficient evaluation capacity and brand new 240 MW Afam Three Fast Power turbines. Our plan is to efficiently recover the capacity of the Afam Genco, leveraging on our experience with running Transcorp Power Limited.
Getting things done, ownership & accountability. It is our burning desire to always see things to completion in a timely & efficient manner.
Ingenuity, Determination & Hard work. We have the willingness and determination to do whatever it takes to get the job done.
Quality, Distinction, Exceptionalism. We strive to deliver in an outstanding manner consistently.
When Transcorp took ownership of the 1000MW capacity plant in 2021, our mission was to take it from generating only 40MW of power daily, back to producing at its full 966MW installed capacity. The electricity produced by Transafam Power is transported through a network of conductors, to the national grid.
Our plants, from the pioneering Afam I–V to the modern Afam VI and fast-power units, form one of the most significant gas-to-power clusters in the country. Today, as part of the Transcorp Group, we combine decades of operational expertise with renewed investment, innovation, and a clear roadmap to deliver reliable, sustainable, and scalable energy to millions of Nigerians.
Our 966MW gas-fired plant plays a pivotal role in strengthening economic growth by providing a stable and reliable source of electricity, attracting industries and investments that create jobs and opportunities.
Beyond the numbers, our dedication to environmental sustainability ensures a healthier future for all. We understand the profound impact reliable energy has on communities, and it is with great pride that we contribute to a brighter, more prosperous tomorrow for everyone.
Our mission is to not only keep the lights on but to do so in a way that enhances the world we all share. With a focus on renewable energy, cutting-edge technology, and a dedicated team of professionals, we are at the forefront of the energy revolution.
To power 1 in every 4 homes in Nigeria, that is, to produce over 25% of Nigeria’s electricity requirement.