KEDCO Invests N1.2 Billion in Dawanau Market Power Expansion Project

The Kano Electricity Distribution Company (KEDCO) has announced plans to invest 1.2 billion Naira in expanding and improving power supply to the Dawanau International Grains Market in Kano, Nigeria. The project aims to address the dilapidated network and lack of reliable electricity in the area, which has been hindering the market's potential as a catalyst for economic growth in Kano state and northern Nigeria.

KEDCO has engaged three reputable companies to construct a 35 km 33 kV high tension line from the Bichi Transmission Sub-station to the Dawanau market, install two 500 kVA 33/415 transformers, and build low tension lines to serve the area and its environs. The acting Managing Director and CEO of KEDCO, Abubakar Yusuf, stated that the project aligns with the company's vision to enable re-industrialization and economic empowerment within its franchise states.

Why this matters:The Dawanau International Grains Market is among the largest in Sub-Saharan Africa, and improving its power supply is vital for the economic development of Kano state and northern Nigeria. The project is expected to enhance the quality and efficiency of electricity for the industrial and commercial clusters in the market.

Upon completion, the project is expected to increase energy offtake by 200% and lead to an equivalent growth in revenue for KEDCO. The new core investor, Future Energies Africa, has also embarked on network rehabilitation and expansion across KEDCO's tri-state operation area to improve access to quality and reliable power supply for socio-economic growth.

Yusuf emphasized the importance of the project, stating, "This project is in line with KEDCO's vision to enable re-industrialization and economic empowerment within our franchise states." The investment in the Dawanau market's power infrastructure is a significant step towards unlocking the economic potential of the region and improving the lives of its residents and businesses.

Key Takeaways

• KEDCO to invest ₦1.2bn to expand power supply to Dawanau Grains Market in Kano.
• Project aims to address dilapidated network and lack of reliable electricity in the area.
• Dawanau Market is the largest in Sub-Saharan Africa, vital for Kano's economic development.
• Project expected to increase energy offtake by 200% and boost KEDCO's revenue.
• Investment aims to enable re-industrialization and economic empowerment in KEDCO's franchise.