A foreign business concern, Green Pheonic Energy International has disclosed plans to establish a Coal Power Plant in Enugu at the cost of 1.5 billion US dollars.

Chief Executive Officer (CEO) of the company Mr. Brain Ransom who disclosed this during a courtesy call on the Acting Governor of Enugu State Mr Sunday Onyebuchi, stated that the proposed plant would be capable of generating about 200 mega watts of electricity.

He added that the company would also be involved in water treatment and
preservation of food crops while serving as a great source of empowerment and economic development for the people of the state.

Mr. Brian Ransom noted that the duration of their operations in Enugu
would be up to 30 years, adding that before commencement of their
programme, they would visit communities in the state to identify their
problems and areas of needs.

The Chief Executive further stated that the company had visited Lagos
and other places in Nigeria before coming to Enugu, stressing that he
took delight in the work ethics of the youths in Lagos and Enugu
States.

In his reaction, the Acting Governor of Enugu State, Mr. Sunday Onyebuchi disclosed that necessary facilities for investment have been provided in Enugu
State to lure investors.
The Acting Governor explained that right from the time coal was
discovered and United African Company (UAC) established, Enugu had played
a major role in the socio-economic development of the country as the capital of Eastern Region, East Central State and today capital of Enugu State.

The Governor urged the management of the establishment to find Enugu
as conducive as the early Europeans, emphasizing that the people are
hardworking and hospitable to visitors.

Acting Governor Onyebuchi said that out of the over 400 communities in
the state, each have primary and secondary schools, adding that apart
from good governance, Enugu has good roads, hospitals, security and
other important infrastructures that would enhance investment.

He also noted that the state has the first indigenous university in
the country and assured them of the state co-operation in their
business bid.

One Comment to: Firm to invest N1.5 billion US dollars in Enugu Coal Power Plant

  1. Obi Osande

    October 17th, 2012

    This company is not listed anywhere in the world; nowhere on the internet or business directories. This is purely a bogus company..watch out people!!!!