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Nigeria Signs MOU To Set Up 500MW Coal Power Plant. - Investment - Nairaland

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Nigeria Signs MOU To Set Up 500MW Coal Power Plant. by gogis(m): 8:27pm On Mar 18, 2015
The Nigerian Government has signed an MoU with One Nation Energy Limited to set up a 500MW power plant in Nigeria’s Enugu state
power-timitrius-flickrEnugu state has abundant reserves of coal, which would be used to generate electricity. (Image source: Timitrius/Flickr)
The power plant would be used to generate electricity from coal, since Enugu state is known to have vast reserves of coal, stated Chinedu Nebo, minister of power.
Enugu state’s coal deposits are in three layers when compared with other parts of the country that have one layer of the resource deposited at a point, all across large stretches in the other eight states, he added.
Uzoma Obiyo, CEO of One Nation Energy added that Nigerian coal deposits were very clean and processing the mineral resource for energy delivery would not be cumbersome. According to the CEO, the South-East had enough coal deposits to deliver about 5,000MW electricity.
The coal-to-power development plan will lead the growth of Nigeria, stated Obiyo. Coal is an essential part of the country’s Energy Mix Plan, and power generation from coal would also diversify the commercial production of electricity.

Source: http://africanreview.com/energy-a-power/power-generation/nigeria-signs-mou-with-one-nation-energy-to-develop-500mw-coal-power-plant
Re: Nigeria Signs MOU To Set Up 500MW Coal Power Plant. by BeeBeeOoh(m): 8:30pm On Mar 18, 2015
Nigeria signing Memorandum of Understanding since the time of king NEBUCHADNEZZAR but; fails at the end of the day..
Re: Nigeria Signs MOU To Set Up 500MW Coal Power Plant. by idealsico(m): 8:45pm On Mar 18, 2015
Good move. We need to diversify our energy sources.
Re: Nigeria Signs MOU To Set Up 500MW Coal Power Plant. by centmichael101(m): 9:24pm On Mar 18, 2015
Who ever that said jonathan is not working, let HE\her show me what they have done for nigeria this week!!
Re: Nigeria Signs MOU To Set Up 500MW Coal Power Plant. by vintino(m): 11:29pm On Mar 18, 2015
... shocked

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