(3 minutes read)
- BUA inked an agreement with Wartsila OY of Finland for the construction of a 70-megawatts dual-fuel power plant for its BUA Cement Obu Line 3 project in Edo State, Southern Nigeria.
- This agreement was signed in the presence of Deputy Minister for International Trade for Finland, Ms. Nina Vaskunlahti. This is the third power plant to be commissioned by BUA and Wartsila.
BUA inked an agreement with Wartsila OY of Finland for the construction of a 70-megawatts dual-fuel power plant for its BUA Cement Obu Line 3 project in Edo State, Southern Nigeria.
This agreement was signed in the presence of Deputy Minister for International Trade for Finland, Ms. Nina Vaskunlahti. This is the third power plant to be commissioned by BUA and Wartsila. BUA seeks to increase its total production capacity across all its locations to 17million metric tons by 2023.
Abdul Samad Rabiu, Chairman of BUA said that BUA was committed to utilizing cleaner, more efficient energy sources for its cement operations rather than relying on coal or heavy fuels. The 70-MW gas-powered plant ordered by BUA for its Obu Line 3 cement plant is state-of-the-art and energy efficient.
BUA Cement Plc is Nigeria’s second-largest cement company. It is the largest producer in the North-West, South-South, and South-East regions. BUA Cement operates strategically from Okpella, Edo State and Kalambaina, Sokoto State with its headquarters in Lagos, Nigeria.
Currently, BUA is the second most capitalized manufacturing company on the Nigerian Stock Exchange (NSE)
