GEOMETRIC Power Ltd, a company chaired by former Minister of Power, Prof. Barth Nnaji, will soon commission its power plant in Osisioma Aba industrial area in Aba, Abia State.
Diamond Bank Plc is said to have invested $465 million in the project with a view to providing steady 24-hour power supply to Aba the major industrial hub of the southeast.
Managing Directorship of Diamond Bank, Dr Alex Otti, recently confirmed Diamond Bank’s interest in the project when he visited the state People Democratic Party (PDP) to consult with the executives on his intention to contest the 2015 Abia governorship election.
A group known as Abia First 2015 Project commended Geometric Power and Otti for the initiative.
The group who spoke through its Director of Media/Publicity said the project would reactivate moribund industries while boosting the artisan businesses in the town.