The Delta State Government has signed a Memorandum of Understanding (MoU) with an American company, Alpha Energy and Electric Inc., for the generation of 500 Megawatts of electricity through public-private partnership.
This is part of its efforts to boost power generation in the state.
Speaking during the signing ceremony in Asaba, Governor Ifeanyi Okowa said that the development of the Independent Power Plants (IPP) would help boost the energy capacity of the state.
This, he said, would help the state to meet the power needs of investors and businesses, disclosing that power remained a prerequisite for investments and for industries to thrive in the country.
The MoU was signed on behalf of the state government by the Secretary to State Government Mr Ovie Agas, witnessed by Governor Okowa along with other members of the State Executive Council.
The Governor urged the company to commence work as soon as possible and gave them the assurance of government’s support and the necessary investment friendly environment to enable the PPP project succeed.