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Aba Geometrics Power begins distribution July

By on June 25, 2013

The $460 million indigenous private power generation company, Geometrics Power Limited, is to start generation and distribution of power next month.

Speaking with reporters at the plant’s premises at Osisioma near Aba after hosting the leaders and members of National Union of Electricity Employees (NUEE), and inauguration of a chapter of the union at the plant, the Chairman of Geometrics, Prof Barth Nnaji, said all is set for the take off of the power plant.

Nnaji, a former minister power, said the inauguration will be performed by President Goodluck Jonathan in August.

He said there are three firms under Geometrics, which include power generation, distribution and marketing, adding that after generating power, distribution will be done by Aba Power Limited.

He also explained that the power plant will generate 141 megawatts (MW) of electricity daily, adding that Aba, which is the main target, will get substantial quantity that would meet the power needs of its residents, while the excess will be supplied to Nnewi in Anambra State.

Nnaji said the major aim of his company, which was started in 2004, is to upgrade the economic potentials of Aba in particular and the Southeast in general. He said Aba has the opportunity of becoming the industrial capital of Nigeria.

He noted that one of the problems facing small, medium and large scale industries in the area is the issue of power.

“Once this power plant comes on stream, the issue of power failure and wastage of man hour by the workers will be a thing of the past as the problem will be eliminated,” he added.

The Geometric boss described the project as a huge statement for Nigerian investors, stressing that the company is a private sector company with local content and committed to bring revolution in the power sector in the country.

On the number of employees the plant will engage, Nnaji said only 400 people will be employed “but when companies get connected to the plant, they will create thousands of jobs, which will have a multiplier effect in the labour market.”

He commended the Abia State Government for its continued supports particularly for constructing an access road to the plant and for granting the company waivers, saying that Governor Theodore Orji has remained a great source of encouragement to the power plant.

Earlier, Joe Ajaero, the National Secretary of NUEE, applauded the courage of Nnaji in venturing into the sector, which he described as highly capital intensive and with many hurdles. He called on other indigenous entrepreneurs to emulate him.

Ajero expressed satisfaction with the massive work and quality of facilities at the power plant, and appealed to government not to completely withdraw from the power sector, arguing that the government has the cardinal responsibility in the some sectors of the economy.

The new NUEE executives are Comrade Ubaka Edeh, chairman; Oluchukwu Chiegbu, secretary; Christopher Nwaobasi, treasurer, and Nonye Aniji, Woman leader.

(The Nation)