The N4 billion critical project will be based in kano, it will form the construction and installation of a 10-megawatt Solar power plant that will provide alternative energy generation and supply at an industrial scale.
Kano state government is providing 43 hectares of land, about 16.5km from Kumbotso town to site the project.
While the Federal government through the Nigeria Sovereign Investment Authority (NSIA) is handling the construction and installation of the power plant.
Flagging of payment of compensation to owners of land allocated for the project, Managing Director, Kano State Investment and Properties Limited, Dr. Jibrilla Mohammad said the Kano state government has earmarked N42 million as compensation to about 100 locals.
Jibrilla, who is also the contact person for the project in Kano, made it known that the compensation exercise was launched after a rigorous evaluation of the 43 hectares of land dedicated to the installation of the Solar plant.
He explained that the project, upon completion will be managed by a company known as Haske Solar, the company will be jointly owned Federal Government on an 80 percent dividend while state and local governments will have 15 percent and five percent respectively..
The state government is launching the payment of compensation execise to over 100 farm owners of where the project will be situated,” Jibrilla said.
“We have evaluated the land and the Government has decided to ensure nobody is denied of their property”.
N42 million is released to Kano state Investment and Properties Limited to disburse to these beneficiaries and the exercise will last three days. The project is strategically located in Kumbots because of the industries in Challawa, Tamburawa, and Sharada. It will definitely galvanize the economic development and growth of Nigeria and Northern Nigeria essential.
When fully operational, the new solar power plant projected to bridge the energy supply gap to industries in Kano will make the state one of the states in the country to have several photovoltaic installations for the supply of electricity.Dr. Jibrilla Mohammad