State, is expected to be completed in 2017
and is being constructed by China-based
consortium of Sinohydro Corporation Ltd
and Chinese National Electric Engineering
Co (CNEEC).
Both Chinese firms signed the Engineering
procurement construction (EPC) contract with the
federal ministry of power to complete the project
by the end of 2017, Xinhua reported.
President Goodluck Jonathan said at the ceremony
that the hydro dam project when constructed would
generate 700 megawatts of electricity for the
country.
The Zungeru Hydro Electricity Power Project was
conceived in 1982, but due to constraints of funds
the construction work could not commence.
The president said the $1.293bln power plant would
be the largest power plant to be built by this
administration.
The project when completed would open new
frontiers to drive the socioeconomic transformation
of the entire country to another level.
The government has been pursuing a strategy to
develop hydro- power projects to meet the
desperate demand for electricity.
The Nigerian government approved the project in
2012 in order to obtain more electricity, help
maintain appropriate power price and promote
economic growth and development of the country.
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