Mambilla Project: Sunrise Power Waives $500m Penalty For Nigeria

Sunrise Power Transmission Company of Nigeria Ltd (SPTCL) has accepted to let go of the $500 million fine incurred by the federal government as a result of several defaults on a $200 million settlement agreement on the Mambilla hydroelectric power project in Taraba state. A legal battle had caused a delay in the implementation of … Continue reading Mambilla Project: Sunrise Power Waives $500m Penalty For Nigeria