Transcorp suspends plan to build $1bn power plant

Transnational Corporation of Nigeria Plc has suspended plans to build one of the nation’s biggest power plants amid gas shortage and a downturn in the nation’s economy that is hindering efforts to raise funds for the project. The company in 2014 said it would raise $1bn to build a 1,000-megawatt gas-fired facility. Two years earlier, […]

Transcorp suspends plan to build $1bn power plant

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