The project is largely financed by the Chinese CCECC with the Nigerian government contributing 15% worth $194 Million Dollars as its counterpart funding and it will be recalled that President Muhammadu Buhari approved and paid this money at once to ensure the speedy completion of this Project.
Zungeru hydropower project is a 700MW hydroelectric facility being built with Chinese assistance on the upper and middle reaches of Kaduna River in the Niger State of Nigeria.
Estimated to cost $1.3bn, Zungeru is the biggest hydropower project under construction in Nigeria.
Construction works on the power plant started in May 2013 and were expected to take 60 months for completion. However, legal and financial challenges related to ecological settlement in the affected area delayed the project commissioning to 2021.
The project was expected to provide employment opportunities to more than 2,000 people during the peak construction period.
The Zungeru hydroelectric project site is located on the Kaduna River near Zungelu in the Niger State, approximately 150km away from Abuja, the capital city of Nigeria.
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