The Chairman, MESL, Col. Sani Bello (retd.), said his company (Mainstream Energy Solutions) was committed to the concession of Kainji and Jebba plants with a view to significantly improving electric power supply to Nigerians.
He said negotiations for the rehabilitation of the Jebba plant were ongoing, noting that the rehabilitation would further increase power output from Mainstream’s operations by another 96MW of electricity.
He called on the government to meet its own side of the agreement to enable the company achieve its set objectives.
The chairman said, “We can’t meet our own side of the bargain unless our partners in the concession also meet their own side of the agreement.
“So far, the agreement has been truncated but we have managed to survive and keep our heads above water. I hope that payments are substantially made as agreed. We have got a lot of outstanding invoices.”