Connect with us

Business

Nigerian govt to concession 12 hydropower plants

Published

on

The Federal Government has concluded plans to concession 12 hydropower plants in five states and the Federal Capital Territory (FCT) for effective service delivery in the country.

The Director-General of the Bureau of Public Enterprise (BPE), Alex Okoh, disclosed this in a statement issued on Saturday by the bureau Head of Public Communications, Amina Othman.

He said the plants would be listed for concession in a bid to unlock the values and full potentials of the hydropower plants which have a combined generation capacity of 1,200 megawatts.

READ ALSO: Nigerian govt connects new 60MW hydropower plant to national grid

According to Okoh, the hydropower plants billed for concession include the Greenfields and four Brownfields located in Adamawa, Benue, Kogi, Ogun, Taraba, and the FCT.

The BPE chief also called for the development of alternative sources of energy including sun, wind, hydro, and biomass to enhance the country’s power generation capacity.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now

Click to comment

Leave a Reply

Your email address will not be published.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

4 × two =