15/03/2026
Big news for ASB Valiant Company Limited and the future of energy infrastructure in Nigeria.
We are proud to announce the signing of a Joint Venture Agreement with the Ondo State Government to revive and operate the 30MW Tri-Fuel Independent Power Plant at Ore Industrial Park under a Public-Private Partnership model.
This project will unlock major economic opportunities by:
⚡ Revamping a long-awaited power facility
⚡ Expanding generation capacity from 30MW to 100MW
⚡ Supporting industrial activities at the Ore Industrial Corridor
⚡ Creating over 1,500 direct jobs during construction and operations
⚡ Driving investments projected to approach $500 million
Beyond power generation, the project will also support the development of a large-scale LNG facility, strengthening Ondo State’s industrial ecosystem and improving reliable energy supply for businesses and communities.
At ASB Valiant, we remain committed to engineering excellence, sustainable infrastructure, and powering Nigeria’s industrial future.
The journey to transforming Ore Industrial Park into a major energy and industrial hub in Southwest Nigeria has begun.
https://www.thehopenewspaper.com/ondo-signs-mou-on-power-project-to-boost-electricity-supply-investment/
