The minister of Power, Works and Housing, Mr. Babatunde Fashola is set to sign the project contract for the 3,050 megawatts (mw) Mambilla Hydroelectric Project in Taraba state, Daily Trust reports.
The Acting Director of Press (Power) at the Federal Ministry of Power, Works and Housing, Mrs Etore Thomas yesterday confirmed that the project contract agreement would be signed with the stakeholders at the Power House, Maitama, Abuja.
In a statement, the Managing Director of one of the contractors, China Gezhouba Group Company (CGGC) Global Projects Nigeria Limited, Mr Zhang Wei said the project which has been approved by the National Assembly is a twin version of the 23,000mw Chinese Three Gorges Hydroelectric Project.
Wei said on completion, the great part of electricity consumed by Nigerians will be provided by this project and it would tremendously ease the current shortage of electricity in the country. He also said the company had set up a limited branch in Nigeria which has been running for over 10 years now.