Oriental Renewable Solutions & GreenWish Partners Agree 50 MW Solar PV project

Oriental Renewable Solutions, a subsidiary of the Oriental Group, has formed a 50:50 equity partnership with GreenWish Partners to co-develop a 50 MW solar PV project in Jigawa State, Nigeria.

Oriental has already signed a 20-year, dollar denominated Power Purchase Agreement (PPA) with the Nigerian Bulk Electricity Trader (NBET) in July 2016.

The Jigawa solar project will have an output of around 96 GWh per year and will create 300 jobs during construction and 25 permanent jobs during operations.

$67 Million World Bank Loan Accessed to Rehabilitate Hadejia Valley Dam

DBN

The Federal Government of Nigeria has accessed a $67 million World Bank loan to rehabilitate Hadejia Valley Dam in Jigawa to boost irrigation, water supply and fish farming in the area.

$60 million would be used to rehabilitate and expand the dam by 1,000 hectares and $7 million would be spent on dredging of the river from Tiga Dam in Kano State to Koli in Kirikasama Local Government Area of Jigawa.

The project execution is expected to commence by the end of first quarter.