The Benue State Investment and Property Company Limited (BIPC) and INDASSOL are planning to develop a 5-megawatt power generation so as to cut down the cost of energy consumed by the company in the state.
Our correspondent reports that the decision was made during a strategic partnership meeting between Dr Raymond Asemakaha, the Managing Director of BIPC, and five representatives from INDASSOL – Murat Cengiz, Ahmet Garipagaolu, Dr Vincent Dogo, Jude Okotcha Pendragon, and Victor Theophilus.
The managing director of BIPC said the plant, when completed, will provide energy to the company with the surplus sold to some government agencies in the state.
Asemakaha emphasised the company’s commitment to pursuing innovative solutions that can contribute to the economic growth of the state from $5.8m GDP to $8 million, adding that the 5 megawatts will be test-run in the corporate headquarters of BIPC.
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On their part, the representatives from INDASSOL expressed their interest in providing steam and gas turbine power plant energy to BIPC and even suggested expanding power generation for commercial purposes in the state.
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