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Coscharis subsidiary plans $4bn solar power project

According to a statement on Sunday, the deal, which was finalised in Delhi, India, aligns with Nigeria’s commitment to sustainable development.

Coscharis Technologies’ Managing Director, Dr Sunday Mukoro, stated, “This project will provide clean, solar-powered energy solutions that support environmental sustainability and promote Nigeria’s energy independence.”

He said the project was expected to play a pivotal role in advancing Nigeria’s energy infrastructure while addressing climate change challenges.

“These funds will be made available to Nigerian entrepreneurs and other business entities who are dedicated to operating their businesses with reliable power supply.

“Having a clear understanding of the critical role that power plays in driving business survival and growth, whether it is in large enterprises or small and medium-sized businesses in Nigeria. This becomes a soft landing for these businesses to turn the power challenges into opportunities to grow their businesses seamlessly,” Mukoro explained.

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