Nigeria: Kaduna Electric Partners With Indian Companies To Boost Power Infrastructure

Kaduna Electric, a power distribution company in Nigeria, has signed significant agreements with India-based Akanksha Power and Infrastructure Ltd to strengthen its infrastructure and services.

The agreements were signed during a recent visit to India by a four-member delegation from Kaduna Electric’s Board of Directors, led by Aminu Abubakar Suleiman.

The agreements aim to enhance power supply and foster industrial cooperation. A key highlight was the signing of a five-year maintenance and supply agreement with Akanksha Power and Infrastructure Ltd, valued between $10-15 million.

The agreement was signed by Chairman Aminu Abubakar Suleiman on behalf of Kaduna Electric, and RN Bastia, Chairman of Akanksha Power, along with Bipin Mohapatra, Managing Director.

In addition, Kaduna Electric formalized a partnership with Vigyan Labs through a Memorandum of Understanding (MOU) to develop critical data center infrastructure, marking an expansion into advanced digital support systems.

To further strengthen industrial ties, Kaduna Electric also signed an industrial cooperation agreement with the Ambad Industries & Manufacturers’ Association (AIMA), represented by its President, Lalit Boob.

This agreement aims to create new opportunities for electrical equipment manufacturers in Nashik to meet Nigeria’s growing demand for electric infrastructure.

Kaduna Electric’s Chairman announced that Akanksha Power and Infrastructure Ltd has been awarded the contract to set up a 5MW solar power plant in Nigeria, underscoring Kaduna Electric’s commitment to renewable energy initiatives.

These strategic collaborations are expected to boost Kaduna Electric’s operations and open new avenues for technology and knowledge exchange between Nigeria and India.

Source: https://energynewsafrica.com