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Nigeria news-ExxonMobil awards contract for new 500megawatt power plant

ExxonMobil  has announced the award  of a  contract to build a 500 megawatt (MW) power plant in electricity in Nigeria

The the contracts involves the construction of a 56 km transmission line that will convey electricity from the plant to be built at its Qua Iboe oil export terminal in the southern state of Akwa Ibom to the national power grid.

It did not say who the contracts had been awarded to.

“The project … demonstrates our support of increasing power generation in Nigeria in line with the federal government’s desire to boost electricity supply,” ExxconMobil’s Managing Director Mark Ward said in a statement.

Reuters reports that the front-end engineering and design contract for the project, which is a joint venture with state-run oil firm NNPC, is expected to be completed in 12 months