The Dangote Group has announced the signing of a Memorandum of Understanding with the Kano State Government for the proposed 100 megawatts Dangote-Black Rhino solar power plant, The Punch reports.
The conglomerate said in a statement that the formal agreement for the project was reached on Thursday at the office of Secretary to the Kano State Government, Usman Alhaji, in Kano. The power plant would be located at Zakirai, in the Gabasawa Local Government Area of the state, Dangote said.
The President/Chief Executive Officer, Dangote Group, Aliko Dangote, was quoted as saying, “The MoU is yet another milestone in the evolving partnership between Dangote Group and the government of Kano State in their determination to bring about the much-needed improvement in the economy of the country.”
According to the statement, the power plant will be fully financed, jointly by Dangote Industries Limited and its global strategic partner, Black Rhino Group, and will convert abundant energy of the sun into high-quality clean electricity with no deleterious impact on the nation’s economy.