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Lafarge Cement WAPCO Nigeria Plc (WAPCO), the country’s second-biggest cement maker, plans to sell about 40 megawatts of excess electricity to help ease power shortages in Nigeria.
The company, 60 percent owned by Paris-based Lafarge SA (LG), uses only 40 to 50 megawatts out of 90 megawatts generated by its local power plant, Michael Awanayah, the company’s general manager of business transformation, said yesterday at the West African Power Industry Convention in Lagos, the commercial capital. “We are looking to be one of the first manufacturers to sell power and help reduce the power shortage,” he said.
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Source: Bloomberg
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The company, 60 percent owned by Paris-based Lafarge SA (LG), uses only 40 to 50 megawatts out of 90 megawatts generated by its local power plant, Michael Awanayah, the company’s general manager of business transformation, said yesterday at the West African Power Industry Convention in Lagos, the commercial capital. “We are looking to be one of the first manufacturers to sell power and help reduce the power shortage,” he said.
Click here to read more
Source: Bloomberg
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