Nigeria to leverage on Turkish expertise in thermal and hydro energy – Nebo

[FMINigeria]

                        The Minister of Power, Professor Chinedu Nebo has said that Nigeria, in its quest for new energy mix strategy would leverage on Turkish expertise in Thermal and Hydro power sources.

The Minister, represented by the Permanent Secretary in the Ministry of Power, Amb. (Dr.) Godknows Igali, said that Nigeria offers the best environment for business not only in power but also in heavy equipment, machineries and construction.

While speaking in Abuja when the Bereket energi Group led by its Deputy Chairman, Ali Yagli and the Nigerian partner -Oral energy Limited (the core investor of Jos DISCO) paid him a courtesy call, the Minister commended the Group for the confidence it has in the Nigeria economy.  He added that the Group will not regret its decision as there are unequal potentials in terms of returns on investment.

He described their visit as the best timed, against the backdrop of the shift in emphasis on hydro renewable, like wind, solar and coal to power, with the enormous coal reserves that stretched from Enugu to Kogi to Benue and Nasarawa States.   Nigeria should harness these potentials to the fullest as our coal has been described as one of high quality.

On the Group's request for more participation in Nigeria's power market, the Minister assured the Turkish Company that other renewable, like solar energy, wind are also available for exploration.

Responding on behalf of the Group, Tukur Modibo who represented Alhaji Yayale Ahmed, the Chairman of Oral Energy Ltd, said that the Bereket energi of Turkey has been a dependable ally in the on-going privatization of the power sector.  He said, the Group has enormous experience that has helped the Nigerian partner to effectively operate in 6 States with 3 million customers, through its Jos DISCO.

With that success story, the Turkish Group is ready to go into power generation.

Basking in the euphoria of its achievements in Turkey, the Bereket energi Group says it has a total of 16 Dams in Turkey with combined generation capacity of 1,500MW.

The Group promised to actively participate in the solar energy market in Nigeria, if given the opportunity, as it has already developed solar panel factory in Turkey.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Via: Federal Ministry of Information (FMI) Nigeria