2 December 2008

Nigeria: Kenol Partners Indian Firm On Transformer Manufacturing in Nigeria

Lagos — IN an effort to move the country to the next level in power technology, an indigenous engineering firm, Kenol Nigeria Limited, has sealed a partnership deed with Nucon Switchgears Limited of India to foster transformer distribution and manufacturing in Nigeria.

The partnership is expected to boost access to quality transformers and solar power, thus bringing about the desired improvement in the nation's power sector.

The Managing Director, Kenol, Mr. Olu Ogunduyile, said that epileptic power supply as being experienced in Nigeria recently had caused a lot of problems on the economy, and he was poised to be part of the team that would resuscitate the ailing sector through a partnership that works.

His words: "We have been doing so well in the past 20 years as an engineering concern. We have expatriates dominating the whole scene in this country before, but now we are in a competitive bidding. We are one of the best three in Nigeria here, we are doing well in construction and to make our company a one-stop shop, we are also venturing into manufacturing of transformers and plans are also in the pipeline to bring up a solar power system, because we look at the problems in Nigeria, it is a worrisome thing that we can hardly go on the street with light.

"So we have to start bringing in solar light, we have already bought an expanse of land where we want to start manufacturing our solar facility and with our partnering with Nucon Switchgears Limited of India, the high commissioner of Indian has promised us full support.

"Initially, we were bringing products in but now we want to start manufacturing. We already have Nucon Transformer Nigeria on the products, that means it is a process in the right direction, our partners are going to have some share while we equally have shares and we do the manufacturing together," the Kenol boss said.

On the commencement of manufacturing, he said that there was already a structure on ground, "we already have land and there is a factory structure in place.

Our partners in the building industry have actually started the construction, they have put the fence, factory structure among others in place, and I am hopeful that within the next four weeks, the factory would be up and running."

Ogunduyile, however, cited cases whereby some companies in Nigeria imported substandard transformer, "may be they call it 500KVA but what you have as a core winding inside may be 300KVA but I want to tell you that we have people who have the qualities in this country. We should support these people, because I believe we can only help this country by ourselves, nobody anywhere in the world can develop your country for you, it is you as a citizen that would develop your own country."

He explained that his company decided to go into manufacturing considering the fact that Nigeria had been known for purchasing abroad rather than manufacturing, this according to him amounted to waste of money through currency exchange.

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