Nigeria, China’s Sinohydro Sign Accord for Power Plant
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Nigeria signed a memorandum of understanding with China’s Sinohydro Corp. to build a 3,050-megawatt hydropower plant on the West African nation’s eastern Mambila Plateau, Power Minister of State Zainab Kuchi said.
Sinohydro will build the power plant at its expense and operate it for nine years before transferring ownership to the Nigerian government, Kuchi told reporters today in the capital, Abuja.