FG, power firms sign 20mw plant, transmission pact | Independent Newspapers Limited
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FG, power firms sign 20mw plant, transmission pact

Posted: Apr 22, 2015 at 3:45 am   /   by   /   comments (0)
.Hydro power plant

.Hydro power plant

By Obas Esiedesa



The Federal Government on Tuesday signed two memorandum of understanding with Winners Power Gardens Limited, for the construction of 20mega watt hydro power plant in Kogi State and Alphamax Consortium for the provision of transmission infrastructure.

Speaking at the ceremony in Abuja, Minister of Power, Chinedu Nebo said that embedded power generation is one of the most vital ways of solving the nation’s electricity problem.

According to him, the production of 20mw each of power, spread across 50 sites across the country, would contribute immensely to alleviating the power challenges facing the nation.

He noted that as it would be easier, cheaper and quicker to harness as against the setting up of a 400-500mw capacity plants in terms of time, space and cost.

He described the venture as a proactive means of solving the obvious acute electricity supply problem facing the country, especially as it was using renewable energy which is environmental friendly.

He added that it would be a holistic project that would also address agricultural challenges in its area of location as more water would be harvested and made available for farming.

He therefore urged the company to work towards getting the necessary licenses to ensure smooth take-off, adding that because government is a continuum, and given the viability of the project, it will definitely see the light of the day even with the in-coming administration.

Nebo, who attributed the present challenges of the transmission network to long years of dilapidated infrastructure, charged the Alphamax Company to take a careful look at programmes of the Transmission Company of Nigeria with a view to keying-into areas where their proposed projects would be most required.