BUA has signed another agreement with Wartsila Oy of Finland for the construction of a 70megawatts dual-fuel power plant for its BUA Cement Obu Line 3 project in Edo State.
This agreement was signed between both companies at a ceremony in Abuja presided over by the Deputy Minister for International Trade for Finland, Nina Vaskunlahti.
This gas power plant will also be the third power plant to be commissioned by BUA from Wartsila as BUA Cement seeks to increase its total production capacity across all its locations to 17million metric tonnes by 2023.
The Chairman of BUA, Abdul Samad Rabiu, while speaking at the signing ceremony said that BUA was committed to utilizing cleaner, more efficient energy sources for its cement operations rather than relying on coal or heavy fuels.
The 70MW gas powered plant ordered by BUA for its Obu Line 3 cement plant will ensure that the company remains very efficient in its energy utilization 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 a 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. It operates strategically from Okpella, Edo State and Kalambaina, Sokoto State.
Currently the second most capitalized manufacturing company on the Nigerian Stock Exchange, NSE.