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The Zamfara State Government is to build a hydro power plant that would generate 100 megawatts of electricity at the cost of N19.2 billion.
Work on the power plant is expected to kick off next month when President Umaru Yar'adua lays the foundations stone of the project, the governor said in Abuja when he visited the Executive Vice Chairman of the Power Holding Company of Nigeria (PHCN) Engr. Bello Suleiman.
He said the contract was awarded to the China Geo-Engineering and is to be completed within two and a half years.
It would be financed by the China Import-Export Bank with a guarantee from Sofitel Capital Corporation of the United States and Intercontinental Bank Plc.
Upon completion, the hydro power station will be connected to the national grid, he said.
The governor said the project has been sited at Gotowa Dam village in Shinkafi and Zurmi local governments.
The dam has a capacity of 2 billion cubic metres of water, and would be able to accommodate irrigation of about 10,000 hectares of land.
News date: 11/09/2008