Anambra to partner with investors for power generation

From Aloysius Attah, Onitsha

Anambra State Commissioner for Power and Water Resources Julius Chukwuemeka has reiterated the readiness of the Anambra State Government to partner with interested investors for power generation.

Chukwuemeka stated this when he hosted the management of Orient Petroleum and PARAS Energy, who visited for a collaborative partnership in harnessing the state’s gas reserves for power generation.

The commissioner noted that the governor, Prof Charles Chukwuma Soludo, through his massive infrastructural interventions, has turned Anambra from a “departure lounge” to a “destination lounge”. He also stated that, having domesticated the state’s Electricity Act and inaugurated the Anambra State Electricity Regulatory Commission, the state is ready to partner with investors willing to invest in power generation using its natural gas deposits.

Speaking, the Managing Director/Chief Executive Officer of Orient Petroleum, Engr Sunny Okoye, who commended the state government for its contributions to the power sector, revealed that Anambra State has more than enough gas reserves for power generation.

On his part, the MD of PARAS Energy, Mr Yashwant Kumar, said his company has been providing energy solutions for over 20 years and expressed the company’s readiness to partner with the state and Orient Petroleum to secure reliable and sufficient natural gas.

The gas supply will fuel a power plant to be developed by PARAS Energy, while the generated energy will be used to power industrial clusters within the state.

Representatives of the Anambra State Electricity Regulatory Commission (ANSERC) and top management members of the Ministry of Power and Water Resources were also at the meeting.