CLICK HERE TO SUBSCRIBE NOW!!!

JOIN KATSINA POST ON WHATSAPP

For Your Adverts, Sponsored post and Opinion

Home TOP NEWS FG approves concessioning of 300KW Zobe; 4MW Jibiya Dams hydro plants in Katsina State
FG approves concessioning of 300KW Zobe; 4MW Jibiya Dams hydro plants in Katsina State

FG approves concessioning of 300KW Zobe; 4MW Jibiya Dams hydro plants in Katsina State

397
0

FG approves concessioning of 300KW Zobe; 4MW Jibiya Dams hydro plants in Katsina State

The Federal Government of Nigeria under the leadership of President Muhammadu Buhari has approved the concessioning of 5 small and medium hydropower plants to private owners to run as part of the government efforts to improve electricity generation.

This was contained in a statement signed by Honourable Minister of Power, Works, and Housing, Mr. Babatunde Fashola’sSenior Special Adviser on Communications, Mr. Hakeem Bello and made available to newsmen.

According to the statement, the approval for the dams concession was based on the recommendation of the ministry and that of water resources, to allow private sector investors run them and improve power supply by a total of 16.49MW.

“The five small and medium hydropower plants to be concessioned include the 6MW Ikere Gorge Dam in Ekiti State to be concessioned to Messrs Power Control and Appliances Limited; the 2MW Omi-Kampe Dam in Kogi State, to be concessioned to Messrs Quaint Power and Infrastructure Nigeria Limited; the 300KW Zobe Dam; 4MW Jibiya Dam in Katsina State to be concessioned to Messrs Pan-African Global Infrastructure; and the 3MW Bakolori Dam in Zamfara State to be concessioned also to Messrs Pan-African Global Infrastructure,” added the statement.

The ministry, it further noted, has already concluded negotiations with the concessionaires and letters of notification have been issued to them to facilitate necessary action for early delivery of the project in compliance with regulatory procedures.

(397)

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *