Two organisations have concluded the signing of an agreement that will see the construction of a 70MW dual-fuel power plant in Nigeria.
The BUA Group has signed an agreement with Wartsila OY of Finland for BUA Cement’s Sokoyo Line four in Sokoto State.
The announcement comes just as BUA recently revealed that it was looking to boost its production capacity in Nigeria over the next three years with new plants in the works.
This will be the second plant to be constructed by Wartsila for BUA Cement. The first was the BUA Cement Sokoto Power Plant scheduled to be commissioned alongside the plant in November 2021.
Speaking at the signing ceremony, the Chairman of BUA Cement Plc, Abdul Samad Rabiu, who signed on behalf of the cement producer said that BUA Cement would continue to invest strategically in the West African cement industry to enable it to bridge the huge infrastructure and housing deficit.
“We believe Wartsila will bring the same level of efficiency, technical expertise and professionalism to bear in ensuring that this new power plant for the 3 million Mtpa BUA Cement Sokoto Line 4 will be completed on schedule by the end of next year as we look towards bringing BUA’s total capacity in its sokoto plant to 8 million metric tonnes by early 2023 and 17 million metric tonnes across all its plants by the same time,” said Rabiu.
Currently the second most capitalised manufacturing company on the Nigerian Exchange Limited (NGX), BUA Cement is committed to quality – a differentiating attribute, driven by its people, innovation, and technology; and positioned to solving West Africa’s cement under-capacity while driving economic growth and development.