• FG, firm sign 550MW power purchase agreement

    FG, firm sign 550MW power purchase agreement

    The Federal Government on Friday took the quest for sufficient power supply in the country a notch further with the signing of a Power Purchase Agreement with Kingline Development Nigeria Limited, a new power generation firm with Nigerian and South Korean interests.

    The signing of the agreement is expected to lead to the injection of 550 megawatts of electricity into the national grid at the completion of the power project to be located in Ondo State.

    While the Managing Director of the […]