The drivers of the project which is a joint venture between two US-based power firms have already signed a memorandum of understanding (MoU) with the Federal Government of Nigeria to site the project in Enugu State with the goal of making the state the hub for renewable energy generation in sub-Sahara Africa.
The chairman of the firm, Mr. Emmanuel Irono, on Tuesday, made a presentation of the company’s planned take-off of the project during a performance review retreat of the Enugu State Executive Council holding at Nike Lake hotel, with Governor Ifeanyi Ugwuanyi in attendance.
“So, today is the first day that we are meeting with the governor and his executive council members right here in Enugu and we are very pleased that it turned out a positive meeting”, he explained.
He further stated that the project comes in phases, adding that the first phase will cost about $200m while another phase that will come thereafter would also cost 200m dollars. “Depending on the capacity we can do as they allow us but our partners are willing to consummate the project.”
On the gains of the gigantic project, he said the firm’s intention is to be able to bring more jobs, more opportunities, more innovations to Enugu State and to Nigeria.