Ossiomo Power, the Edo State Government’s Public Private Partnership (PPP) initiative, has signed an agreement to supply electricity to the Benin Owena River Basin Authority’s facilities.
Dr. Uwa Igiehon, Managing Director of Ossiomo Power, told journalists that the development was yet another milestone for the government-backed power initiative.
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“The Benin Owena River Basin Authority, a Federal Government agency, had been cut off from the National Grid for nearly four years,” he claimed. For that long, the community where it is located had been without electricity.
“However, when we finished our new 40MW plant, we were able to supply electricity to the communities of Obayantor and Ologbo, as well as the Benin Industrial and Enterprise Park.” We reached an agreement to connect the Benin Owena River Basin Authority to our plant because they are located in the same area.”
He explained that the power supply agreement would provide power to the federal government-owned institution’s facilities, allowing it to fulfil its mission.
According to Igiehon, the company has an embedded power licence as well as a willing-buyer, willing-seller licence, allowing it to sell electricity generated at its plant to companies and individuals willing to pay for power in its coverage area.
Mr. Godwin Obaseki, the governor of Edo State, was thanked for instituting proactive policies in the state’s electricity sector to facilitate the company’s investment in power generation.