AshakaCem to free up 16MW into national grid –MD

Business News

By Franklin Ocheneyi

  “The N11 billion projects commenced in 2017 and are expected to be completed in 2019.  The project would free up about 16 megawatts into the national grid.”

That’s how Malam Rabi’u Abdullahi, the Managing Director, Ashaka Cement Company, a subsidiary of LafargeHolcim, described the progress report on the ongoing construction of 16-megawatt captive coal power plant by the company.

“Last year, we started our power plant, which is an N11billion project, and we hope to inaugurate the project soon.  Currently, we rely on generators for our operations, which consume much fuel and whether you are using diesel or petrol, it has strong correlation to foreign exchange.

“So, we are helping to remove ourselves from the demand for energy and providing our own solution, which means a minimum of 16 megawatts of electricity, will now become available to the public grid for the people in the region to enjoy from. The power plant is our biggest plan aimed at reducing our costs,” he said.

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