The Edo State government has presented a provisional license to CCETC Ogua Energy Limited for the generation and distribution of 100 megawatts of electricity in Ologbo, Ikpoba-Okha local government area.
The government on Friday said the move was part of efforts to ensure a 24-hour electricity supply across the state.
It added that the initiative aligned with the provisions of the Electricity Act, 2023, and the Edo State Electricity Law, 2025, aimed at opening up the power sector.
Presenting the license, the commissioner for Power, Paul Usenbo, described the development as a major step towards achieving energy security and economic growth.
Usenbo said the Ologbo power project was strategic to improving electricity supply, boosting industrial activities, creating jobs, and enhancing the livelihoods of residents.
He, however, urged the investors to adhere strictly to regulatory and environmental standards, noting that the license came with responsibilities.
According to him, the state government remains committed to providing a stable and investor-friendly environment.
“With the issuance, we are hopeful that by the end of the last quarter of this year, there will be reliable power, industrial growth, job creation, and improved economic development across the state.
“This is power for the people. It will spread across the state, and reforms being carried out will ensure adequate electricity supply,” he said.
In his remarks, the managing director of Tihuan Industrial Park, Jiang Fan, assured that the project would be delivered within the stipulated timeframe.
He pledged that the company would comply fully with the regulatory framework guiding the sector.
Also, the commissioner for Business, Trade and Investment, Omoh Anabor, assured the firm of a conducive business environment.
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