According to him, his optimism is hinged on the fact that the sixth turbine of Egbin Power Generating Station will come on stream in January 2016, to bring the total electricity megawatts generated by the plant to 1,320mw.
He said five of the six turbines generate, put together(1,100) megawatts of electricity adding that with the rehabilitation work on the sixth turbine billed for completion in January, the plant would be generating 1,320 megawatts of electricity ( 20 per cent of the total current electricity in the country.
The minister said the development implies that the plant, for the first time in 20years, would be producing at its installed capacity of 1,320 megawatts of electricity for the benefits of Nigerians.
Speaking in Lagos, during a meeting with the owners of the plant other stakeholders, Fashola said when the six plants are operational, the better for the generality of the citizens of this country.
He said works are in advance stage to repair the transformer used in powering the sixth turbines by January next year, adding that the idea signifies hope for consumers that have been experienced poor power supply.
“When Egbin Power Plant was built three decades ago, all its six turbines were working optimally. The turbines 1, 2, 3, 4 and so on were working well. But midway, there are problems. When the plant was sold, the problems were still there.
“But today. The six turbines in the Egbin Power Company are nearing full capacity. Five of the turbines were working well, while the sixth one would be back on stream in January next year, after its transformer must been repaired.
According to him, power is a critical infrastructure, which the present administration of President Muhammad Buhari has promised to fix alongside others.