• Monday, April 22, 2024
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Cummins invests in Nigeria’s power sector

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 Global Power Leader Cummins Inc. announced last Friday that it has invested in a joint venture in Nigeria which will design, construct, operate as well as maintain gas fueled power plants.

Cummins partners in this new business venture with Gentec, a specialist UK based power plant constructor and operator who have successfully built turnkey and Independent Power Producer (IPP) plants powered by class leading Cummins gas generators in Asia, Europe and Africa.

“With over a million hours of operating experience with Cummins Gas Generating sets in Nigeria we are confident that we have the right product and the right capability to meet the needs of Nigerian Industry,” said Dipi Khilnani, chairman at Gentec.

He added that gas power delivers significant operational savings in these difficult economic times.

The new venture called Cummins Energy Solutions Nigeria Limited (CESN) is set to capitalise on Nigeria’s growing network of natural gas distribution and this fuel source will facilitate the construction of distributed power plants typically in the 2MW to 50MW range to meet a wide spectrum of industrial and IPP customers in Nigeria.

CESN will also introduce smaller gas powered solutions from 40Kva to 1MW to enter into the SME segment.

“This new venture further illustrates Cummins’ commitment to Nigeria and this business will be an important vehicle to contribute towards reducing Nigeria’s critical power deficit,” says Satish Jayaram, director of Power Generation for Cummins Africa.

The new venture will harness the strengths of Cummins’ global expertise and its industry leading efficient gas technologies with Gentec’s proven power plant project implementation expertise in emerging markets.

This strategic investment is testimony of Cummins’ vision and strategy to accelerate our presence and investments in Africa” says Jayaram.