M a r k e t N e w s
Nigeria: Local Community to Get U.S.$150 Million Solar Power Project
Posted on : Wednesday, 6th April 2016
Jos — Panyam community in Mangu Local Government Area of Plateau State is to benefit from a $150 million solar plant power project expected to take off before the end of this year.
CT Cosmos Nigeria Limited, a subsidiary of Communication Towers Ltd, which indicated interest to establish the solar plant project in Panyam stated that the project when completed is expected to generate over 70 megawatts which will be sufficient to sustain Plateau and neighbouring states.
Chief Operating Officer of CT Cosmos, Henry Opara, who led a delegation of the company to meet with the community at the Monarch's palace, said the company has been issued license by the National Electricity Regulatory Commission (NERC) and has been shortlisted for Power Purchase Agreement (PPA) with Bulk Energy Purchase Company of Nigeria.
The traditional ruler of the community, Mishkham Panyam, Eng. Aminu Derwam, said he facilitated the meeting of the company with the original land owners in the spirit of transparency so that the company could confirm to the land owners what they are paying as compensation
Source : allafrica.com
