India commits $74m to renewable power projects in Nigeria


India has invested over $74 million to renewable energy projects in Nigeria this year, according to the Indian High Commissioner to Nigeria, Shri Nagabhushana Reddy.

He confirmed the development on Sunday in Aba during the Indian Universities Alumni Association, Aba Chapter symposium and cultural fiesta saying Indian government was handling a 50 megawatts Solar Power Plant in Bauchi state at the cost of $66.6 million and a Solar PhotoVoltaic Renewable Micro-Utility (REMU) project in the six geo-political zones of Nigeria valued at $8.36 million.

He said that India in 2016, approved $60 million and $30 million for power projects in Kaduna and Cross River states respectively while similar project was being processed at $40 million for Enugu state.

The High Commissioner said that India fully supports Nigeria’s economic recovery and growth plan through promoting its agriculture and allied sectors as a means of improving the global economy.

Reddy, represented by his deputy, Subhash Chand said that the Nigerian-Indian bilateral relationship in the education sector remains `a proud history,’ and of great importance and would be sustained.

He commended the Aba chapter for the initiative and promised that India would always support them.

Abia state Governor, Mr. Okezie Ikpeazu used the opportunity to call on Indian government to establish a tricycle assembly in Aba to serve the large number of residents patronizing it.

He said that Aba was once known for production of textiles but regretted that its textile factories have become moribund.

He called on the Indians to come help restore the Aba textile mills to enable it serve the people and create more jobs.

Ikpeazu was represented at the occasion by Mr. Emma Emeruwa, Chairman, Aba South LGA.

In his speech, the President, Indian Universities Alumni Association, Aba Chapter, Chief Ben Egwuonwu said the association was formed in 1985 by Dr Bon Asiegbu.

He said that since inception, the association had contributed positively towards the relations between the two countries by stopping discriminatory policies against Nigerians including the alumnai.

He also said that it had helped to solve the problem of rejection of Indian Universities alumni by Indian companies in Nigeria.

The association called for the establishment of Indo/Nigerian Cultural, Educational and Business Centre at Aba to advance mutual interests of stakeholders.

Egwuonwu said there was urgent need to establish effective economic and business collaboration between India and Nigeria adding that the alumni should serve as foundation stone.


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