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FG signs agreement with Joint Venture partners to build Mambilla hydro power project
worldstage group
Posted on: November 11th 2017
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The Federal  Government  on Friday signed an agreement with  three Joint Venture partners to begin  the of executing  3,050MegaWatts(MW) Mambilla hydro electric power plant in Taraba State.

The agreement, which involved three Chinese companies which are China Gezhouba Group Corporation (CGGC), Sinohydro Corporation Ltd and CGOC Group Ltd.

The Federal Executive Council had on August 30, approved the award of the turnkey EPC contract of the Mambilla hydro power project to the three companies in the sum of 5.792 billion dollars (about (N1.140 trillion).

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