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Global company invests in Nigeria

16 April 2013, 10:05Henry Ifeanyi

Lagos - Global designer and power generation equipment manufacturer, Cummins Inc, has invested in a joint venture in Nigeria to design, construct, operate and maintain gas-fueled power plants.

The company said it is linking up with Gentec, a specialist UK-based power plant constructor and operator, that has successfully built Turnkey and Independent Power Producer (IPP) plants powered by gas generators in Asia, Europe and Africa.

The new venture is set to capitalise on Nigeria’s growing network of natural gas distribution to facilitate the construction of distributed power plants typically in the 2MW to 50 MW range to meet a wide spectrum of industrial and IPP customers in Nigeria.

The venture is also expected to introduce smaller gas-powered solutions from 40Kva to 1MW to enter into the SME segment.

“This new venture further illustrates our commitment to Nigeria and this business will be an important vehicle to contribute towards reducing Nigeria’s critical power deficit,” says Satish Jayaram, director of power generation for Cummins Africa.

Dipi Khilnani, chairman at Gentec, said he is sure the partnership with Cummins will deliver value to Nigeria.

“With over a million hours of operating experience with Cummins Gas Gensets in Nigeria, we are confident that we have the right product and the right capability to meet the needs of Nigerian industry," Khilnani said.

He added that gas power delivers significant operational savings in these difficult economic times.

- CAJ News


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