Chinese firms win 1.46 bln dollar hydro project in Nigeria
Abuja (AFP) Feb 07, 2007 The Nigerian government awarded Wednesday a 1.46 billion dollar contract to two Chinese companies to construct a massive hydro-electric project in northeastern Nigeria, the energy minister said. "The project is being funded under a bilateral arrangement with China. It is part of the package relationship we have with China whereby they undertake major infrastructural projects for us," the minister, Edmund Daukoru, said. The two companies, which formed a joint venture to win the contract, are China Gezhouba Group Corporation (CGGC) and China Geo-Engineering Corporation (CGC). The 60-month contract is specifically for the civil work and steel hydraulic structure of the hydro-electric project at the Manbila plateau in northeast Nigeria, which is designed to generate 2,600 megwatts of electricity.
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