Nigerian Govt Signs New Power Purchase Agreement for 726MW

as Finance minister, NBET seek enabling environment, more investors       Nigerian Bulk Electricity Trading (NBET) Plc has signed 20-year 726 megawatts Power Purchase Agreement (PPA) to improve electricity supply and attract investment. The deal was signed with Transcorp Plc. Zainab Ahmed, Minister of Finance, Budget and National Planning, said government will remain committed to improving environment for doing business in the power sector. Speaking, Managing Director of NBET, Dr. Nnaemeka Ewelukwa, said there was need for more investment in the power sector, adding that the new PPA would…

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