Elizabeth Oluchi
Saki, a community in the Oke-Ogun region of Oyo State, is poised to benefit from at least 22 hours of electricity daily.
This comes after the official signing of a 10-megawatt interconnected solar-hybrid power project, a collaboration between De-Janees Concept Limited and Hexing Electrical Company Limited.
Speaking at the signing ceremony, held recently in Lagos on Friday, and was attended by the senior management teams of both companies, they made commitments to deliver dependable electricity to communities that have long endured inadequate power supply from the grid.
Fatokun, while speaking at the ceremony, said that the groundbreaking partnership with Hexing Electrical Company Limited would harness sustainable energy to power over 4,000 homes through the Sango feeder in Saki with an initial 2MW solar power solution in the first phase.
According to him, the De-Janees and partners have secured approvals from the Rural Electrification Agency and the Ibadan Electricity Distribution Company.
He emphasised that the innovative project would stimulate economic growth, energise local businesses, revolutionise education, and improve the overall quality of life in Saki, adding that the partnership with Hexing also focuses on creating jobs, supporting long-term employment, and promoting environmental sustainability.
“This initiative showcases the transformative power of strategic collaboration, paving the way for a more prosperous and energy-secure future,” he said.
He also extended gratitude to the Okere of Saki land, Oba Khalid Olabisi, for his support, as well as the REA, the Nigerian Electricity Regulatory Commission, the Oyo State Government, Stanbic IBTC, and Unity Bank.
He said, “After beginning documentation, the company transitioned into a Renewable Energy Service Company with the right technical partners, funding, and target communities. The REA first approved a project in Kano, but we rejected it on technical and commercial grounds.
“We later got fresh approval after conducting the feasibility study and got the scope of a viable electrification project in Saki, covering 15 communities with a combined population of over 500,000.
“Technical feasibility studies revealed over 100 filling stations, hotels with more than 100 rooms, schools, and police stations in the area, all existing with inadequate or no power supply. Following this, we secured three land parcels for the project and obtained the necessary approvals from NERC and IBEDC.”
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