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Igboland Holds Panacea To Nigeria's Electricity Problems by mbatuku1: 8:59am On Mar 31, 2011 |
[size=32pt]Enpower(local firm) to generate 10,000 megawatts in Enugu[/size] Efforts by the Federal Government to realize steady power supply through its Public Private partnership (PPP) initiative in the energy sector has received a boost with the injection of about 10,000 megawatts to the national grid in Enugu State. The latest power intervention plan from the private sector was disclosed by the Chairman of Hamex Engineering of India; the firm handling the project, Mr. Saxena Nagendra. Besides, Hamex Engineering and Enpower Energy, operators of the Enpower Enugu Power and Energy Free Trade Zone (FTZ) have equally signed an investment cooperation agreement to set up manufacturing facilities for transformer resins and other related chemicals for the power sector in the proposed FTZ. “The success in the ongoing power reform programme in Nigeria will be sustained through the development of the support industry for power distribution equipment. Nigeria was just like India in the 80s and 90s prior to deregulation,” he said. The spokesman of Enpower, Emeka Ene disclosed that the federal government has made power generation and the power sector reform a key priority, which, he said, would be actively supported by the proposed FTZ. According to him, Enpower is a PPP initiative facilitated by the Enugu State Government with the active support of the federal government focused primarily on the development of the FTZ for power generation and coal conversion technologies and other industrial related activities. “Enugu is a major source of coal suitable for power generation.But at the moment, no FTZ is currently operating in the South East geo political zone. Although, there are over 30 FTZ operating in the country presently. Our approval process for the FTZ is nearing completion. Also, the Special Adviser to Enugu State Government, Mr. Jude Akubilo noted that that besides the FTZ project providing up to 10,000 megawatts of alternative power generation to the national grid, it would equally create about 30,000 direct and indirect employment opportunities thereby serving as an important Foreign Direct Investment (FDI) destination haven for coal and energy related activities in the South Eastern zone and Nigeria in general. www. sunnewsonline.com/webpages/news/businessnews/2011/mar/31/bussines-31-03-2011-002.htm |
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