The President, PowerChina International Group Ltd, Mr Song Dongsheng has said his company is set to begin the implementation of the Memorandum of Understanding (MOU) signed with Kogi State government for the establishment of 3000 megawatts of electricity in the state.
Dongsheng, who visited Governor Yahaya Bello in Abuja to discuss the implementation of the MoU, which was signed during the just- concluded Kogi Economic and Investment Summit, said the meeting was a followup to the projects.
He requested that a technical team on the side of the Kogi State Government be set up before the arrival of PowerChina’s Technical Team, scheduled to arrive in the state in two weeks time.
The President of the company who explained that the MOU comprises two projects; a 2,400MW coal-fired power generating plant and a 600MW hydro-powered plant, urged the state government to identify the two sites.
Bello said his government was ready to safeguard the lives of the personnel, equipment and investment of the company within the state’s borders.
He said the technical team had been set up and the sites identified in readiness for the work, stressing that electricity is key to his plans to make Kogi an economic hub.
At the meeting were Dr. Zhang Nianmu, President Central and West Africa; Tian Haihua, Executive Vice President Central and West Africa; Wang XinHuai, Vice President Central and West Africa; Samuel Fayemi, Nigerian representative; Mr Shola Arifayan the Executive Director of Energy Consultant Consortium; and Asiwaju Asiru Idris, Head of Economic Team/Commissioner of Finance.
The 3,000 megawatts MOU was one of the seven that the state government signed with investors over the two-day economic and political investment summit held recently in the state.