Dangote GroupThe Nigerian Electricity Regulatory Commission (NERC) awarded a generating license to Dangote Industry Power Ltd., a unit of Dangote Industries Ltd., Daily Trust reported, citing Immamudeen Talba, head of the NERC.

Dangote plans to generate 135 megawatts of electricity at the proposed plant out of which 46 megawatts will be consumed by its Obajana Cement plant in the central Nigerian state of Kogi. The remaining 89 megawatts will be sold to the national grid, Talba said, according to the Abuja-based newspaper.

Obajana Cement Plant, Kogi State, Nigeria

Obajana Cement Plant, Kogi State, Nigeria

The regulator has granted 29 licenses to companies to produce power in a bid to boost generation in Nigeria to 6,000 megawatts by the end of this year and 10,000 megawatts by 2011, the newspaper said.

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Nigerian Electricity Regulatory Commission (NERC) | Dangote Group

Source(s): Bloomberg News