TY Danjuma’s company takes over Kashimbila Power Station in Taraba
By Jeffrey Agbo
KP Hydro Limited, a firm owned by Nigeria’s former Chief of Army Staff Lt. Gen. Theophilus Danjuma alias TY Danjuma (retd), has taken ownership of the 40 megawatts Kashimbila Hydro Power Station in Taraba State.
Danjuma commended the federal government for investing funds for construction of the power station.
The former army chief gave the commendation during the handing over of the power station to his company at Kashimbila in Takum Local Government Area of Taraba over the weekend.
He said the Kashimbila hydro dam is the largest investment of the federal government in Taraba.
In his address, Governor Agba Kefas said the concession given to KP Hydro Limited is a positive development, expressing confidence that it will enhance power distribution in the state.
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Kefas stressed that the event was not just about the transfer of ownership but a significant milestone in the journey towards sustainable energy and economic prosperity.
He said reliable power supply is essential for everything, from the daily life of the citizens to the growth of industries and businesses.
Professor, Joseph Utsey, the Minister of Water Resources and Sanitation, who was represented by the Director of Public Private Partnership, Engr Zaccheaus Akinjogbin, said the dam was conceived to check imminent danger from the collapse of Lake Nyos in Cameroon, adding that the engineering design incorporated 40 megawatts of electricity, among other benefits.
He said the process of the concession began in 2021 and all due process was followed, pointing out that the aim was to provide jobs, lift Nigerians out of poverty, provide healthcare and improve the general standards of living of Nigerians.
He also thanked the TY Danjuma Foundation for the construction of the Kashimbila airport at no cost to the federal government.