BUA, Finland-based Wartsila OY Seal New Deal on 70MW Gas Power Plant
The BUA Group has signed yet another agreement with Wartsila OY of Finland for the construction of a 70 megawatts (MW) dual-fuel power plant for its cement Obu Line 3 project in Edo State.
According to a statement, the agreement was signed by both companies at a ceremony in Abuja presided over by the Deputy Minister for International Trade for Finland, Ms. Nina Vaskunlahti.
The gas power plant would also be the third power plant to be commissioned by BUA from Wartsila as the company seeks to increase its total production capacity across all its locations to 17million metric tonnes by 2023.
Speaking at the signing ceremony, Chairman of BUA, Abdul Samad Rabiu, who signed on behalf of the cement producer said his company was committed to utilising cleaner, more efficient energy sources for its cement operations rather than relying on coal or heavy fuels.
According to Rabiu, the 70MW gas powered plant ordered by BUA for its Obu Line 3 cement plant would ensure that the company remains very efficient in its energy utilisation in the cement production process.
“Currently, we have phased out the use of coal across our factories and are shifting to gas powered plants. As we ramp up our capacity, there is need to complement it with efficient power supply and Wartsila’s technology has been found to be durable and uniquely aligned with our vision for more efficient power generation at all our production locations.”, Rabiu added.
BUA Cement Plc is Nigeria’s second largest cement company and the largest producer in its 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 the second most capitalised manufacturing company on the Nigerian Exchange Limited, (NGX), “BUA Cement is committed to quality – a differentiating attribute, driven by its people, innovation, and technology; and positioned to solving West Africa’s cement, housing, and infrastructure deficit while driving economic growth and development.”