Home / Kano / Power Generation: Kano Govt To Establish Electricity Firm

Power Generation: Kano Govt To Establish Electricity Firm

Gov Abdullahi Umar Ganduje of Kano state
Gov Abdullahi Umar Ganduje of Kano state

Power Generation: Kano Govt To Establish Electricity Firm

The Kano State Government is set to establish Kano State Bulk Electricity Trading Company, under the Qua Iboe Power Plant project.

The move was conceptualised following an agreement by the Federal Government, through the Transmission Company of Nigeria, to deliver the required amount of power to the state, after the completion of the power project in Qua Iboe, Akwa Ibom State.

The Governor of Kano State, Dr Abdullahi Ganduje, disclosed this during a courtesy visit to the Minister of Finance, Mrs Zainab Ahmed, in her office in Abuja to intimate her of all the necessary arrangements and approved proposal from the state, on the power project.

According to a statement issued by the governor’s Chief Press Secretary, Mallam Abba Anwar, the project will provide Kano with 540 megawatts of electricity that can be transmitted to the state from Akwa Ibom, through strong collaboration between the state government, the Federal Government and the Black Rhino Group, a company chaired by the Emir of Kano, Muhammadu Sanusi II.

Ganduje said, “The shortage of electricity has been the principal factor hindering progress in this area (investment). We welcome the opportunity offered to us by QIPP to have guaranteed stable supply of 540MW of electricity. We trust this will support the industrialisation of Kano and perhaps even neighbouring states, like Kaduna, Jigawa and Katsina, which have significant and critical unmet requirements for electricity.”

He said the bulk electricity trading company would buy power generated by the QIPP from the Nigeria Bulk Electricity Trading Company in the form of a back-to-back Power Purchase Agreement.

According to the governor, the state will utilise the period during which the QIPP is being developed to ensure the establishment of eligible customers in the form of industries, as part of its industrial plan, and if necessary, agree to supply neighbouring states.

“KBET will be assuming the risk of finding customers for this power and collecting tariffs,” he added.

Source

About admin

Check Also

Tinubu: I’m not in Kano

All Progressives Congress (APC) stalwart Asiwaju Bola Tinubu yesterday denied meddling in the proposed Kano …

Kano re-run and the game of 2023

As a stake holder in the 2019 Kano State Gubernatorial and the State House of …

Nigeria approves U.S $73m for water project in Kano state

Congratulations!. You have been selected to receive an annual subscription to Construction Review Africa directly in …

Kano Muslim Women Hold Prayer Session Over Guber Re-Run

KANO – Federation of Muslim Women Association in Nigeria (FOMWAN), Kano State chapter, on Monday, organised …