• FG to guarantee 14 new solar power projects with $273m

    FG to guarantee 14 new solar power projects with $273m

    The federal government is to provide up to $273million worth of Partial Risk Guarantee (PRG) for the 14 new solar power projects for which the signed Power Purchase Agreements (PPAs) were signed recently, the Minister of Power, Works and Housing, Babatunde Fashola, has disclosed.

    Fashola, according to a statement from the head of press in the ministry of power, Mr. Timothy Oyedeji said the government sourced for this fund to enable the Nigerian Bulk Electricity Trading Plc (NBET) guarantee the PPAs […]