L
LequteMan
Guest
The Nigerian Government yesterday signed a N144bn Memorandum of Understanding with Benco Energy Limited of Brazil to construct a 700 megawatts power plant in Bayelsa State, over a period of three years.
The President, Benco Energy Limited, Brazil, Mr. Rodrigo Badew, said the plant would be gas and vapour-fired, #Punch reports.
“It is a 700MW plant although it can reduce to 688MW because this depends on location and environmental conditions. The investment is around $800 to $900m.
“Of course all these will be confirmed as soon as we have all the necessary investigations and have them more defined. The time schedule is supposed to be around three years to three and half years for the construction of the project.
“The location is Bayelsa because it is a terrain which is close to gas supply, transmission line and a river. So, we have the right infrastructure that we need there and this location is perfect for our investment.”
#Nigeria #Brazil #Bayelsa #Electricity
The President, Benco Energy Limited, Brazil, Mr. Rodrigo Badew, said the plant would be gas and vapour-fired, #Punch reports.
“It is a 700MW plant although it can reduce to 688MW because this depends on location and environmental conditions. The investment is around $800 to $900m.
“Of course all these will be confirmed as soon as we have all the necessary investigations and have them more defined. The time schedule is supposed to be around three years to three and half years for the construction of the project.
“The location is Bayelsa because it is a terrain which is close to gas supply, transmission line and a river. So, we have the right infrastructure that we need there and this location is perfect for our investment.”
#Nigeria #Brazil #Bayelsa #Electricity
