Firm to establish $31.5m waste to energy plant
Nasarawa State government has signed a concession agreement with a private firm, Beacon Energy Development, for the setting up of a plant that will generate power from waste, estimated to cost $31.5 million.
Representatives of the Nasarawa State government as well as the management of the Beacon Energy Development signed the agreement at a brief ceremony held at the Government House in Lafia yesterday.
In a remark shortly after signing the agreement, Nasarawa State Governor, Abdullahi Sule, expressed delight that the waste to energy project fits perfectly with the development agenda of his administration.
Sule commended the Federal Government, as well as the Federal Ministry of Environment, for initiating and constructing the waste recycling facility in Auta Balefi and donating it to the Nasarawa State government.
According to the governor, the idea was for the state government to run the facility as a business, adding that that would not be the case because experience has shown that businesses ran by government always run into challenges.
Earlier, MD/CEO of Beacon Energy Development, Dr. Angbazo said the concession has both local and international contents, involving a Swedish company, with the associated power generation capacity visualized for the project, adding that it would be enough to provide power to the industrial cluster already in place around Karu, with further possibility of attracting more industries, cottage industries that youths and women can key into.