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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