Nigerian President Bola Tinubu is expected to inaugurate the 188MW Geometric power plant in the Osisioma Industrial Layout of Aba in Abia State today.
The inauguration was supposed to have been done over the weekend but was rescheduled for Monday, February 26, 2024.
“The new date was chosen by the Presidency in Abuja due to what insider sources described as unexpected developments,” the company said in a statement.
It was disclosed that the President would inaugurate the 188MW thermal plant alongside Aba Power Limited, which would take electricity from the new plant and supply it to nine of the 17 local government areas in Abia State.
The Managing Director of the company, Ben Caven, described the power plant as the biggest investment in the South-East, saying the company had spent $800 million on its integrated power project, which included building a 27km natural gas pipeline from Owaza in Ukwa West Local Government Area in Abia State to the Osisioma Industrial Layout in Aba.
“We have, in addition, installed 150,000km of cables and wires and installed four new power sub-stations, as well as refurbished three others inherited from the defunct Power Holding Company of Nigeria,” explained Caven.
The Geometric Power Group was founded by Professor Bart Nnaji, who was Nigeria’s former Minister for Science and Technology and later, Minister for Power.
The statement added that Nnaji had embarked on the integrated project after the then World Bank President, James Wolfensohn, and former Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, visited Aba on March 17, 2004, and discovered that the greatest challenge facing both large-scale and medium-scale industrialists in Aba was the epileptic power supply.
Source: https://energynewsafrica.com
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