Power Station
Ejiofor Alike
Siemens Nigeria Limited has restated its commitment to the implementation of the memorandum of understanding (MoU) it signed last year with the Federal Government for the construction of a10, 000-megawatt (MW) capacity power station in the country.
The new Managing Director of the company, Mr. Michael Lakota, told THISDAY that his company would contribute to the construction of the power station, as agreed in the memorandum of understanding.
Under the MoU, Siemens would take 15 per cent equity in the proposed power generation plant.
Lakota said the power sector would remain a major focus of the company’s activities in Nigeria.
He stated that Nigeria had a challenging environment with a lot of potentials and market, stressing that the company was prepared to harness the market.
“The most important thing I am bringing to Nigeria and Siemens is also bringing to Nigeria is the full commitment to operate in Nigeria and to be here in Nigeria for Nigeria,” he said.
On the 434MW capacity Geregu Power plant, his company built in Kogi State, Lakota said the plant was one of the biggest projects the company executed and was successfully running in Nigeria.
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