FG, firm sign 550MW power purchase agreement

FG, firm sign 550MW power purchase agreement
September 15, 2016 Advocaat Law Practice

The Federal Government recently  signed a Power Purchase Agreement with Kingline Development Nigeria Limited, a new power generation firm with Nigerian and South Korean interests. The signing of the agreement is expected to lead to the injection of 550 megawatts of electricity into the national grid at the completion of the power project to be located in Ondo State.