{"id":961,"date":"2017-10-26T18:29:39","date_gmt":"2017-10-26T18:29:39","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=961"},"modified":"2017-10-27T18:53:23","modified_gmt":"2017-10-27T18:53:23","slug":"min-of-fmpwh-presides-over-signing-of-540mw-power-purchase-agreement-between-nbet-qua-iboe-ipp","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/min-of-fmpwh-presides-over-signing-of-540mw-power-purchase-agreement-between-nbet-qua-iboe-ipp\/","title":{"rendered":"Min of FMPWH\u00a0presides over signing of 540MW Power Purchase Agreement .."},"content":{"rendered":"
….Black Rhino Group, Dangote Group, NNPC to build $1.1bn power plant<\/em><\/p>\n Oct 26, 2017<\/p>\n <\/p>\n Ministry of\u00a0 Federal Ministry of Power, Works and Housing. Abuja, Nigeria today presided over signing of 540MW Power Purchase Agreement between\u00a0the\u00a0Nigerian<\/b>\u00a0Bulk<\/b>\u00a0Electricity<\/b>\u00a0Trading<\/b>\u00a0Plc (NBET<\/b>) is a Federal Government of\u00a0Nigeria<\/b>\u00a0(FGN) owned public liability company\u00a0 and Qua Iboe Independent Power Plant.<\/p>\n <\/p>\n Emir of Kano, Emir Muhammadu Sanusi II (left) and Chairman\/Managing Director, Mobil Producing Nigeria, Mr Paul McGrath(right) during the signing of the Qua Ibo Power Plant”s Power Purchase Agreement with NBET at the Ministry of Power, Works & Housing Headquarters in\u00a0Mabushi, Abuja. \u00a0\u00a0<\/p>\n <\/p>\n The investors group on Thursday October 2016 signed an MOU with Nigeria Bulk Electricity Trading Plc (NBET) to develop the project which would add 540 megawatts (mw) electricity to the nation\u2019s grid by 2021.<\/p>\n