Abuja - Private investor, Winners Power Gardens Limited, has secured a license for the construction of the hydro-electric development at River Okura.
The project, located close to Ofejiji village in Dekina local government area of Kogi State, is expected to produce 30 megawatts of electricity.
According to the Director, Irrigation and Drainages of the Ministry of Water Resources Engineer Joe Kwanashie, the gesture was part of Federal Government efforts to improve electricity generation in the country.
He said Federal Government in the year 2013 privatized power sector to encourage private entrepreneurs to invest in the sector and Nigerian Integrated Water Resources Commission (NIWRC) had ever since then issued out licenses to three successful applicants.
“In order to meet the increasing demand for electricity in Nigeria, President Goodluck Jonathan launched the privatization of the power sector in September, 2013. Hydro-power was considered as one of the major means of increasing the generation of electricity; hence the commission issued License to three Concessioners of three hydro-electric dams: Kainji, Jebba and Shiroro all in Niger Central Catchment Area,” Kwanashie said.
Also Read: Akwa Ibom Stadium nears completion
Coordinating Director NIWRC, Rueben Habu, said that Winners Power Garden Limited and the three others that had earlier received their license for the development of water sector had shown commitment towards increasing the hydro-electric power in the country.
He said that the Commission would work with genuine private investors to develop water sector that would improve electricity generation in Nigeria.
Chairman of Winners Power Garden Limited, Dr Jacob Abdullahi, said the power project and other opportunistic investments have the capacity to provide more than 10 000 jobs apart from the indirect jobs that would be provided by the companies to be sighted at the location.
He added that electricity to be generated would be distributed within the locality in order to reduce the load on the national grid and to enhance efficiency in power sector.
“By this gesture of the Federal Government of Nigeria to ensure adequate power supply through renewable energy, Winners Power Garden Limited will leave no stone unturned in constructing more hydro power plants within our embedded zone as the energy needs increase,” Abdullahi explained.
- CAJ News