Business A.M
No Result
View All Result
Friday, March 6, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Manufacturing

BUA taps Finland’s Wartsila to build 70MW power plant for Obu cement line 

by Admin
January 21, 2026
in Manufacturing
BUA has signed an agreement with Finnish technology solutions company, Wartsila Oy, to construct a 70 megawatts dual-fuel power plant for its BUA Cement Obu Line 3 project in Edo State.
The gas power plant, according to BUA, will also be the third power plant to be commissioned  from Wartsila as the cement manufacturing giant seeks to increase its total production capacity across all its locations to 17 million metric tonnes by 2023.
BUA taps Finland’s Wartsila to build 70MW power plant for Obu cement line 
Speaking at the signing ceremony presided over by Nina Vaskunlahti, deputy minister for international trade for Finland in Abuja, Abdul Samad Rabiu, BUA chairman and founder, said the company was committed to utilising cleaner, more efficient energy sources for its cement operations rather than relying on coal or heavy fuels.
Rabiu further noted that the 70MW gas powered plant will ensure that the company remains very efficient in its energy utilisation in the cement production process.
According to him, the company has phased out the use of coal across its factories and is shifting to gas powered plants.
“As we ramp up our capacity, there is a need to complement it with efficient power supply and Wartsila’s technology has been found to be durable and uniquely aligned with our vision for more efficient power generation at all our production locations, ” he added.
The Obu Line 3 project is the third plant to be constructed by Wartsila for BUA Cement, following the construction of a 48 megawatt power plant for Sokoto Cement line 3 and a 70 megawatts dual-fuel power plant for the Sokoto Line 4 project, both in Sokoto State.
Admin
Admin
Previous Post

EU threat hangs over Nigerian cocoa in 2022 on quality concerns

Next Post

Nigeria’s BoI gets Agusto rating upgrade to ‘Aaa’ with stable outlook 

Next Post

Nigeria’s BoI gets Agusto rating upgrade to ‘Aaa’ with stable outlook 

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026
All federal airports fully insured , says Kuku

FAAN to adopt hybrid payment system at Airport toll gates after Tinubu suspends cashless rollout

March 5, 2026
Google expands AI Search to Yorùbá, Hausa to boost local language inclusion

Google expands AI Search to Yorùbá, Hausa to boost local language inclusion

March 5, 2026
Vitafoam shareholders approve N125m bonus issue, N3.75bn dividend after earnings rebound

Vitafoam shareholders approve N125m bonus issue, N3.75bn dividend after earnings rebound

March 5, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • What’s Behind the Fourth-Quarter Earnings Dip?

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Gold hits fresh record above $3,640 as Fed rate cut bets intensify

Gold extends rally to $5,222 as weaker dollar, Asian demand lift prices

March 5, 2026
All federal airports fully insured , says Kuku

FAAN to adopt hybrid payment system at Airport toll gates after Tinubu suspends cashless rollout

March 5, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M