REP-NEP Signs PBG Grant Agreement with Sholep & ACOB


The Nigeria Electrification Project (NEP), Project Management Unit (PMU) of the Rural Electrification Agency (REA) on Wednesday, 8th March 2023 signed Performance Based Grant (PBG) agreement with two (2) companies; Sholep Energy Limited and ACOB Lighting Technologies Limited.

Whilst congratulating the developers, he also noted the importance of the day, March 8th being the celebration of the International Women’s Day 2023. The day is dedicated to celebrating the cultural, socio-economic and political achievements of women in the energy sector. He further emphasized on the importance of gender equality in the workspace especially in the energy sector.

He also encouraged the companies to continue in their determination to ensuring that energy access is provided to all, particularly those in the rural areas.

Sholep Energy Limited signed for one site with a PV capacity of 50KWp and proposed connections of 638 to households, MSMEs and other facilities in Araromi Oke-Odo Community of Osun State. Whereas, ACOB Lighting Technologies Limited signed additional 6 sites with total PV capacity of about 305KWp and a maximum of 2,934 connections in Sule & Abapanu Cluster, Edo State as well as Orotedo, Bolorunduro Adewole, Bolorunduro Adaja, Otu Costain and B-Mile 13, Kajola, Ajebamiko & Olorunshogo Cluster in Ondo State.

A total of 350kWp of PV Capacity installation is expected to be deployed in all sites, with proposed connections of 3,572 to households and MSMEs, by the both companies in the 7 communities impacting approximately 17, 860 people.

See photos for Solep signing

See photos for ACOB signing

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