To supply steady power to boost its plant, Lafarge Africa Plc has signed a contract agreement with Chinese contractor, Rughn Power Corp, worth N11 billion to build a captive power plant at its Ashaka plant in Gombe State.
The Chairman, Board of Ashakacem, Mallam Suleiman Yahyah, said the agreement is for the construction of 16 megawatts lignite-fire plant for the firm.
He disclosed this during the signing ceremony in Abuja on Friday.
He further said that the power plant would supply steady power supply to boost the plant in order to increase the firm’s production capacity to 1 million metric tonnes annually.
However, he said, the power supply transformation was the first step in the development of the cement plant to recover cost leadership in the north east.
According to him, “The north east region is a strategic region where Ashaka is supporting the construction programme of government. This project will further strengthen the relationship with Gombe State as well as the communities and reinforce the importance of Ashaka as the major manufacturing company in that part of the country.
The Minister of Power, Works and Housing, Babatunde Fashola, who was represented Mustapha Shehuri, Minister of State for Power, Works and Housing, said that the government has signed a Power Purchase Agreement (PPA) with 15 companies to improve power supply using solar technology, nigeriaelectricityhub.