To expand its presence in the African market, Engineering Procurement Company (EPC) Sterling & Wilson is aiming to develop nearly 250 MW projects in Nigeria over the next 2-3 years
“Sterling & Wilson is largely present in the African market apart from the Middle East, South East Asia and Latin America. The company now expects to further expand its footprint and construct nearly 250 MW capacity solar power projects in Nigeria in the next 2-3 years,” Bikesh Ogra, President, Solar business, Sterling and Wilson Pvt Ltd said recently.
The company is eyeing projects, which are being developed by international solar project developers, who have recently signed Power Purchase Agreements (PPAs) with the Nigerian Bulk Electricity Trading Plc. under the feed-in-tariff program by the power ministry of Nigeria. “With the recently announced PPAs of 975 MW, we see a huge solar potential opening up in Nigeria. We are well positioned to support growth in the solar market in Nigeria through our presence and experience,” he added.