Tag: Hydropower

FG targets 1,268MW from new hydropower plants
News

FG targets 1,268MW from new hydropower plants

Melvin Onwubuke The Federal Government from concessions and development of eight brown and green field projects, is expecting 1,268 megawatts of power, constructed through public-private partnership. The power projects have already been given to concessionaires, while the Federal Executive Council has also approved the concession of another power project as The Punch reported. It was […]

A photo power plant station
Electricity

FEC okays management concession for 400MW hydro power plant

The Federal Executive Council has approved an Operation and Management concession for the 360 Mega Watts Gurara II Multipurpose Dam & Hydro Power Plant and the 40 Mega Watts Kashimbilla Hydro Power Plant under a Public Private Partnership model.   The Infrastructure Concession Regulatory Commission made this known on Wednesday, in a press statement, according […]

A photo power plant station
Business

Mainstream Energy named winner of 700MW Zungeru plant concession

The Federal Government, on Wednesday, announced the winner of the biddings for the concession of the 700 megawatts Zungeru Hydroelectric Power Plant, costing  $70,000,251 annually for a period of 30 years. The preferred bidder happens to be Mainstream Energy Solutions Limited, a 2011 licensed power generating company. The Punch reported that an announcement was also […]