Prof. Ben Ayade, the Cross River State Governor, has signed a power purchase agreement (PPA) with Gesellschaft fur strategisch risikofinansierung MBH (GSR) of Germany in partnership with SIJ Global Limited for 10 photovoltaic plants in Cross River State under a Public Private Partnership (PPP) arrangement, The Nation reports.
Ayade had pledged to generate 24-hour uninterrupted power supply in the state, beginning with Calabar, the state capital. SIJ Global Limited is partnering the government to develop and facilitate a modern city, to be named CALASVEGAS.
Ayade unveiled CALASVEGAS, which will stand out as the home to some of Calabar’s newest and most fascinating buildings and tourist attractions, where visitors can enjoy comfort and luxury on the waterfront.
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