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Mamman said this on Tuesday when he appeared before the senate committee on power. Advertisement He said the project capacity was adjusted to 1,500 megawatts to conform with current market realities and for lenders to accept it. “We discovered that the 3050 megawatts is not visible. We have sent officials to China to review the project, and the memo is on the table of Mr President waiting for approval,” he said. “The idea is to make it bankable. The market that we are operating in today in Nigeria is different from the market operated when the Mambilla project was conceived. Advertisement “Today, we need a project that can be paid for in the market. We are funding the project with loan from a lender who is only interested in funding a project that can pay back the loan. Most of the issues around the Mambilla power plant are on the bankability of the project. What we did was to redesign the project to be bankable and acceptable to the lenders.”

Taraba stateNigeria generalZhou pingjianSaleh mammanSunrise power transmission company of nigeria ltdMessrs china gezhouba corporationSinohydro corporationSinohydro corporation limitedSunrise power transmission companyNigeria ltdதாராபா நிலைஸாலெ அம்மாசூரிய உதயம் பவர் பரவும் முறை நிறுவனம் ஆஃப் நைஜீரியா லிமிடெட்சூரிய உதயம் பவர் பரவும் முறை நிறுவனம்நைஜீரியா லிமிடெட்