Abia State Governor, Okezie Ikpeazu has assured that the state government would construct the road leading into the Geometric Power Project at the Osisioma Industrial Layout.
Governor Ikpeazu who gave the assurance, Wednesday during an inspection of the facilities at the Geometric Power Plant described the project as the fulcrum upon which the industial development of Aba, Abia and the South East will revolve.
He added that the Geometric Power Project would turn around the economic fortunes of the people.
Ikpeazu said: “two years from today, the story of economic development in Aba and Abia State will take a completely different turn. Things will never be the same again around here and anyone who hasn’t concluded plans to have presence here is already late”.
Earlier, while conducting the Governor on a tour of the plant, the Chairman/CEO of Geometric Power Ltd, Professor Barth Nnaji thanked Governor Ikpeazu for his consistent support which led to the revival of the project adding that the project would not have seen the light of day without the support of the Governor.
Professor Nnaji, who reaffirmed that Abia State Government owns 5% equity in the Project.
According to Prof Nnaji, power plant has the capacity to produce 140 megawatts of electricity which is more than enough to provide steady and sustainable power to Aba and its environs as against the 50megawatts which the city currently generates from the national grid.
He said that required support infrastructure was in place, including the 17km pipeline that takes gas from Owaza in Ukwa West LGA to the plant ans assured that the plant would be commissioned for supply of power to the people of Abia State in six months.
Professor Nnaji stated that long before the contractual problem that led to the stalling of the project, the sum of 500 Million Dollars had already been invested in the project, adding that Geometrics is the largest economic project in the entire South East of Nigeria.
