Electricity Featured

Provide power investors with incentives, experts tell FG

A group of experts including Chint Energy have called on the Federal Government to provide more incentives for investors in the power sector.

Speaking at the ongoing Power Nigeria 9th annual conference tagged, ‘Affordable, Reliable and Sustainable Energy through Collaboration’ in Lagos, the Country Manager, Chint Power & Energy Services Limited, Gary Gan, said the provision of incentives would go a long way in encouraging investments in the sector.

“The Federal Government needs to encourage investors by providing incentives such as friendly business environment, making official registration of companies easier, funding, including fair condition of service,” he said.

Gary added that the company which had been in Nigeria for the past 10 years, had been working with electricity distribution companies and the Transmission Company of Nigeria to provide to provide energy solutions that would bridge the country’s energy gap.

He said this was particularly an impetus for the firm’s continued investment into Nigeria’s power and energy sector.

“The instability of Nigeria’s power is a major challenge and that is why Chint has brought in more solutions to our customers in Nigeria,” he said.

Gary added, “We have been investing more in Nigeria’s renewable energy sector for the past 10 years, and I can assure you that we are here to make the country a better place when it comes to enabling more access to energy.”

The company, with presence in over 140 countries, stated that it would continue to explore and provide reliable energy solutions that would boost Nigeria’s renewable energy landscape.

Related posts

Xenophobia: Nigerian Union in S/Africa lauds Air Peace boss for benevolence

By Meletus EZE

BDCs committed to transparent, efficient transaction — ABCON President


Minister pledges commitment to promote economic growth

By Shile GIWA

FG’s N11bn COVID-19 insurance eludes 14 dead doctors

Our Reporter

Defence Ministry hands over new residential accommodation to NAF

By Meletus EZE

LCCI conducts gas sensitisation exercise in Ketu, environs

Our Reporter
Social Media Auto Publish Powered By : XYZScripts.com