The Ogun State government has signed a Memorandum of Understanding (MOU) with eight selected independent power providers to generate 286 megawatts of electricity.
The projects, christened ‘Light Up’ with a total cost of $476.6 million is to be fully financed by the selected companies. Earl Grey Nigeria Ltd, situated in Ogijo in Sagamu Local Government Area of the state, is to generate 8mw from natural gas; Gateway Solar Power Int’l Nig Ltd will generate 125mw in Agbara area; Naanovo Energy Nigeria Ltd is to generate 5mw in Abeokuta via waste energy and Nikenando Energy Ltd will deliver 5-20mw in Oke-Mosan area.
Others are Renaissance Impex Energy to power model schools in Ikenne, Ago-Iwoye and Ewekoro with 8mw of solar power; Sholep Energy to light the newly established Ogun State Polytechnic in Ipokia with 5mw of solar power; Solonic Energy to generate 100mw while Tido Tech International is to power the federal airport in Wasimi with 5mw of solar power.
At the official signing of the pact at the Oke-Mosan Governor’s Office, the consultant on energy to the governor, Akinsanya Fagbemi said the idea of the projects “is to end the agony of epileptic power supply in the state.”
