FG secures $1.3bn hydro power plant deal with China Exim Bank

FG secures $1.3bn hydro power plant deal with China Exim Bank
December 21, 2016 Advocaat Law Practice

The Federal Government, in partnership with China Exim Bank, will spend about $1.3bn on the construction of the 700 megawatt-capacity Zungeru hydroelectric power plant project.

The project, when completed, would generate 700 megawatts once it starts generating power by 2019.