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The Minister of Power, Engr. Abubakar D. Aliyu has directed early completion of Zungeru power plant.
According to a statement Odutayo Oluseyi, Deputy Director and Head of Public Relations Unit, the Minister gave the directives while receiving the consultants and contractors who paid him a courtesy call in his office Friday.
The contractors for the Engineering, Procurement and Construction (EPC) of 700MW Zungeru Hydroelectric Power Project include Messrs.
CNEEC-Sinohydro consortium.
Minister assured the contractors of the Federal Government’s resolve to surmount the challenges faced by the contractors in the discharge of their duties which bothers on Security, COVID 19, cost adjustment owing to the extra work outside the contracted sum and the delay in release of fund by China Exim Bank.
He further informed the contractors of efforts of the Ministry of Power through the Ministry of Finance at resolving the issue of opening of the escrow account in a commercial bank prescribed in the Subsidiary Loan Agreement with Exim bank of china which negates the current policy of Government which transferred Government accounts in all the commercial banks to the Treasury Single Account (TSA).
Expressing satisfaction at the presentation made by the contractors, the Honourable Minister encouraged them to meet the December 28, 2021 deadline of completing the project while assuring them of addressing all constraints that may hinder the delivery of the project.
In his presentation, the project Director, Dr. JBO Adewumi of Coyne et Bellier (Tractebel) / Decrown consultancy service said the assessed overall percentage of completion of the project is about 90%. He pleaded for quick resolve of the constraint enumerated.
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