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China-Africa Trade Information Service
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A Nigerian power production company, Top Two Group, is to build a 5-megawatts capacity power plant for a South African company.
Under the Memorandum of Understanding already signed between the Nigerian company and the South African entity, Top Two Group, is to build, own and operate the plant and provide sustainable energy services to Valentine Chickens Farms and adjoining farms in the area.
And, in order to get the job done successfully, Top Two Limited, a member of TOP TWO GROUP, has engaged ABDC Energy Ltd, a UK-based firm, to provide technical and strategic support for the project.
Reacting to the development, Group Managing Director of TOP TWO GROUP, Theo Ubani, described the award of the job to a Nigerian firm as a milestone for local companies engaged in power production.
Ubani said,"This is a major milestone for local energy companies engaged in power production. In the past, we had mainly been involved in project conception and initiation. But with this opportunity, we have moved up the ladder by getting involved in the entire power production value chain."
There are more international strategic alliances in the pipeline as the group repositions itself to become a big player in the energy and engineering sectors.