Nigeria-based Ibadan Electricity Distribution Company (IBEDC) has signed a power purchase agreement with Magboro Power Plant and Bresson A.S, with the start of the first phase being a supply of 30 Megawatts.
Customers around Magboro, Mowe, are expected within eleven months to benefit from a 24-hour uninterrupted electricity supply as a result of the collaboration between Bresson and IBEDC at competitive rates.
The Magboro plant, designed as a 90MW plant, is expected to receive its first shipment of Titan 170 Solar Turbine by the end of April 2025.
In his remarks, Engr Francis Agoha, the Acting Managing Director of IBEDC, emphasised that the partnership aligns with the federal government’s target of 6000 Megawatts power projection for 2024 and the company’s strategic goal of improving customer energy availability.
“This agreement marks a significant milestone in our continuous efforts to ensure consistent and affordable power for the Magboro community and beyond,” he stated.
“We are committed to forging partnerships that foster progress and deliver lasting solutions to the power challenges faced by communities within our network.”
Magboro Power Company Limited, a respected independent power developer, will play a crucial role in this initiative.
Source: https://energynewsafrica.com
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