NNPC: FG and US sign 1.16 million dollars power plant project in Abuja.

Federal Government, through the Nigerian National Petroleum Corporation-NNPC, and the US Trade and Development Agency-USTDA have signed a 1.16 million grant from the agency for the feasibility study of a power plant to be built in Abuja.

Reports say the Abuja Independent Power Project is modeled to generate 1,350 megawatts of electricity to alleviate the power challenge in the country.

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The grant agreement was signed by the Managing Director, Gas & Power Investment Company, an NNPC subsidiary, Hussain El-Yakub, and the USTDA’s Director, Thomas Hardy.

Meanwhile, the NNPC has assured that it would work with two US firms, GE and Continuum Associates, to deliver the project.

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