A major milestone in the power sector has been recorded as Nova Scotia Power Development Limited (NSPDL) has signed a Power Purchase Agreement (PPA) with the Nigerian Bulk Electricity Trading Plc (NBET) for the development of one of the first solar photovoltaic plants in Nigeria, to be located in Dutse, Jigawa State capital.
The 80 MW power plant will generate an estimated 200,000 MWh of clean, renewable energy per year, enough electricity to power over 200,000 Nigerian households.
The project represents an investment of approximately $USD 150 million. It was signed on Monday, July 4, 2016.
“Jigawa State has an excellent solar resource, which will allow us to generate electricity in a cost-effective manner,” Amit Modi, MD of Technical at CDIL, one of the project sponsors said. The project will sell electricity at 11.5 US cent per kWh.