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Skipper plans transformer factory in Nigeria

EM NEWS BUREAU ,  Wednesday, July 20, 2011, 11:05 Hrs  [IST]

Skipper Electricals Nigeria Ltd, the Nigerian subsidiary of the Skipper Group, has planned to set up a large transformer factory in the Ikorodu area of Lagos state, Nigeria. The project is part of the company's commitment to develop the power sector of Nigeria where the group started operations 11 years ago. Skipper feels that the transformer factory will save Nigeria much-needed foreign exchange, provide local employment and generally boost the country's economy.

Skipper Electricals, through its holding company, Skipper Energy Limited, has 100 per cent subsidiaries in several countries, including Nigeria, Ghana, Dubai, Switzerland, and India. Skipper has made giant strides in all the countries it operates, in terms of capacity building and human capacity development.

In Nigeria, Skipper has to its record setting up Africa's first polymeric insulator plant in 2008. Other achievements include the introduction of tamper resistance metering panels in 2002, which saves the defunct NEPA, now PHCN from further loss of revenue, generation of electricity through solar energy in some villages in Nigeria, and the supply of more than 200 power transformers and almost all substation equipments to the PHCN, among others.
 
                 
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