Forte oil, others invest $94m in Geregu power plant

ABUJA – The Forte Oil PLC and new owners of the Geregu Power Plant in Kogi State have invested $94 million in the plant targeting to raise its generation capacity from 414 megawatts to 434 megawatts of electricity.

This development was contained in a communiqué issued at the end of the 22nd monthly meeting of the Power Sector Operators, hosted by the Kogi State Government in collaboration with Geregu Power Plc at Geregu Power Plant, Ajaokuta, Kogi State.

The meeting according to the communiqué, “Acknowledged the Kogi State Government for resolving the way leave problems that were preventing progress on the construction of the TCN substation of Kabba. Completion of the substation will increase delivery of power to Kabba and environs.