By Isaac Olamikan
The Federal Government has concluded agreement with Edo State Government’s Public Private Partnership (PPP) initiative, Ossiomo Power to supply electricity to its facilities at Benin Owena River Basin Authority to enable it live up to its mandate.
Managing Director, Ossiomo Power, Dr. Uwa Igiehon disclosed this in a chat with journalists in Benin City on Sunday. He said the development is another milestone for the government-backed power initiative of the Edo State.
Igiehon stated that the FG’s Benin Owena River Basin Authority was cut off from the National Grid by Benin Electricity Distribution Company (BEDC) for about four years.
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According to him, “The Benin Owena River Basin Authority, which is a Federal Government agency, had been cut off from the National Grid for nearly four years. The community where it is located had been without electricity for that long.
“However, when we completed our new 40MW plant, we provided electricity to Obayantor and Ologbo communities as well as the Benin Industrial and Enterprise Park. The Benin Owena River Basin Authority is located in the same area so we reached an agreement to connect them to our plant.”
Igiehon said the company has an embedded power license as well as a willing-buyer, willing-seller license, which empowers it to sell electricity generated at its plant to companies and individuals willing to pay for power in its area of coverage.
He expressed appreciation to the Edo State Governor, Mr. Godwin Obaseki, who instituted proactive policies in the electricity sector in the state to facilitate the company’s investment in power generation.
