Tag: Qua Iboe Power Plant

FG, Qua Iboe Power Plant sign $1.1bn power purchase agreement

Oct 26, 2017

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by

Femi Ajasa

in Energy and Power, News

The Qua Iboe Power Plant Ltd (QIPP) and the Nigerian Bulk Electricity Trading Plc (NBET) on Thursday signed a Power Purchase Agreement (PPA) to construct a 540 Mega Watts gas-fired power plant in the country. The plant, expected to be located in the Akwa Ibom, is expected to cost 1.1 billion dollars. The QIPP, NBET,…