C: NBET Consults With Power Stakeholders On Additional 40MW

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The Nigerian Bulk Electricity Trading Plc (NBET) held a consultative forum with industry stakeholders yesterday in the bid to secure additional 40MW of grid

The meeting had in attendance representatives of distribution companies across the country, and the sector regulator , as well as the Transmission Company of Nigeria .

The meeting is a pre-cursor towards the finalisation of its Power Purchase Agreement with Mabon Hydro Power Plant for 40MW, a statement by head, Corporate Communications, NBET, Henrietta Ighomrore, indicated. NBET also noted that the meeting is part of the series of actions that the bulk trader will undertake prior to closing out the PPA with Mabon Hydro Power Plant.

“This is timely and coming at a time when the country is in need of every available power it can generate and wheel out to the end users. “The 40MW electricity from Mabon Hydro Power Plant will contribute immensely to strengthening and balancing the national grid, as the power plant is the only generating plant located in the North East Region of the country, NBET said.Mabon Hydro Power Plant is located in Dadin Kowa area of Gombe state.

“It is also in line with Nigeria’s commitment to the UN COP 26 on accelerate action and support for Climate Change Framework, the hydro plant being a clean energy source propels Nigeria towards fulfilling its obligations.

 

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