Arrow Capital, a US based firm and the University of Ilorin have concluded arrangement for the construction of 500MW solar power plant in Nigeria worth US$2.3M. The project is expected to be delivered in the next six months.

A Memorandum of Understanding (MoU) has already been signed between the two organizations for the solar power project which will be situated within the University of Ilorin. Even so, the project is expected to kick off this month with high expectations of the project being completed and commissioned in October this year.

On completion, Kwara State residents, alongside the residents of Lagos and Kano states will soon bid goodbye to the never ending epileptic power supply in the states. However, out of the 500MW of power to be generated, University of Ilorin and Kwara State will only require 4MW of power supply.

The remaining megawatts of power will be sold to Lagos and Kano States and other states which will be interested to ensure the concerned areas no longer experience uninterrupted power supply as well as improving their well-being and boost business and economic activities in the concerned areas.

Read the full article at Construction Review Online