Transcorp delays $1 billion power project over gas shortage in Nigeria
Transcorp delays $1 billion power project over gas shortage in Nigeria
Transnational Corp. of Nigeria Plc suspended plans to build one of the
nation's biggest power plants as a local gas shortage makes it difficult to
obtain fuel and a downturn in Africa's largest economy hinders efforts to
raise funds for the project, Bloomberg reports.
The company in 2014 said it would raise $1 billion to build [...]
This Post :
http://www.massivetrendz.com/2016/08/09/transcorp-delays-1-billion-power-project-over-gas-shortage-in-nigeria/
Appeared First On http://www.massivetrendz.com
Transnational Corp. of Nigeria Plc suspended plans to build one of the
nation's biggest power plants as a local gas shortage makes it difficult to
obtain fuel and a downturn in Africa's largest economy hinders efforts to
raise funds for the project, Bloomberg reports.
The company in 2014 said it would raise $1 billion to build [...]
This Post :
http://www.massivetrendz.com/2016/08/09/transcorp-delays-1-billion-power-project-over-gas-shortage-in-nigeria/
Appeared First On http://www.massivetrendz.com
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