Okafor Ofiebor/Port Harcourt
Delta State Governor, Senator Ifeanyi Okowa (left) and the Chairman, Alpha Energy and Electric Company, Ike Nwabuown, during a courtesy call on the Governor, in Asaba
Delta State Government has taken a quantum leap to boost power generation in the state when it signed a Memorandum of Understanding (MoU) with Alpha Energy and Electric Inc., an American company, for the generation of 500 Megawatts (MWA) of electricity through public-private partnership on April 7.
Speaking during the signing ceremony in Asaba, Governor Ifeanyi Okowa said that the development of the Independent Power Plants (IPP) would help boost the energy capacity of the state to meet the power needs of investors and businesses in the state, disclosing that power was a prerequisite for investments and industries to thrive in the country.
The MoU was signed on behalf of the state government by the Secretary to State Government Mr. Ovie Agas witnessed by Governor Okowa along with other members of the State Executive Council.
“This MoU we are signing today is for the development, design, financing, construction and maintenance of multiple power production plants in multiple locations in the state, as a state we are ready to give the necessary assistance and co-operation to enable your company succeed because the power generated in the country is very low and we need to boost it to meet the power needs of our industries and attract investors to the state so as to impact on our economy and create employment,” he said.
“President Buhari has promised to improve energy generation in the country to 10,000 MWA by 2018, so this partnership will enable us contribute our quota to achieve the President’s energy goal while investors will get high yield for their investment”, the governor added.
Senator Okowa disclosed that the state government would partner with credible investors to develop …Read More
Source:: PM Newspaper
