GREEN ENERGY INT’L LTD ADVANCES IKURU TOWN WATER PROJECT WITH OVER 500M NAIRA CONTRACT
…As Over One Billion Naira Water Infrastructure Set To Reach 7.9Km Reticulation Level
…GEIL’s Involvement Forms Part Of Host Community Development Commitments Under Nigeria’s Petroleum Industry Act – Chairman Adegbulugbe
Green Energy International Limited (GEIL) is advancing the development of water infrastructure in Ikuru Town, Andoni Local Government Area (LGA), Rivers State, with a new contract valued at over ₦500 million for Phase Three of the Ikuru Town Water Project. The latest investment builds on the earlier phases of the project, bringing the total investment to over ₦1 billion.
The contract was signed between the Ikuru Town Host Community Development Trust (HCDT) and Lumkalt Energy Limited for the execution of approximately 7.9 kilometres of High-Density Polyethylene (HDPE) pipe water distribution network.
The BoT Chairman of Ikuru Town HCDT, Prof Lysias Dodd Gilbert handed over the contract paper to the Managing Director of Lumkalt Energy Limited, Engr. Robert Oseghale in Ikuru Town with commitment to ensure that the project would be delivered as scheduled.
The project represents the next stage in the development of a water supply system designed to extend water distribution infrastructure within the host community.
The latest phase builds on the infrastructure development undertaken during Phases One and Two, which together attracted an investment of over ₦500 million and covered the drilling of boreholes, construction of a facility building, and the installation of an overhead water storage tank.
Building the Foundation for Water Supply
Phase One of the Ikuru Town Water Project involved drilling boreholes to develop the water source, alongside the construction of a facility building to support the water infrastructure.
Phase Two focused on overhead water storage infrastructure.
The scope included the construction, fabrication and installation of one Glass Reinforced Plastic (GRP) overhead water tank with a capacity of 300 cubic metres (300,000 litres), supported by a reinforced concrete foundation.
Together, the first two phases established key components of the water supply infrastructure.
The current Phase Three contract will extend the system through the execution of approximately 7.9 kilometres of HDPE pipeline for water distribution.
The use of HDPE pipes provides a durable, corrosion-resistant option for water distribution networks. The pipeline works are intended to support the movement of water through the network to designated areas within Ikuru Town.
₦500 Million Contract for Phase Three
The Phase Three contract, valued at ₦500 million, marks a significant investment in the distribution component of the Ikuru Town Water Project.
Under the contract, Lumkalt Energy Limited will undertake the installation of the specified HDPE pipeline network.
The works are expected to advance the project’s development beyond water-source and storage infrastructure towards a distribution system serving the community.
The contract signing reflects the continued implementation of the project through the Ikuru Town Host Community Development Trust, with Green Energy International Limited serving as the settlor of the Trust.
The Ikuru Town Board of Trustee Chairman, Prof. Lysias Gilbert commended the Green Energy International Limited for living up to expectations in terms of development of its host communities.
Prof. Gilbert assured that the peace and tranquility being enjoyed in the area would not only be sustained but also improved, noting that Green Energy has continued to justify the confidence reposed in the company.
Prof. Gilbert assured that the project would be monitored and ensure delivery according to specifications.
Speaking on the development, Chairman of the company, Pastor(Prof) Anthony Adegbulugbe said GEIL’s involvement in the Ikuru Town Water Project forms part of the host community development commitments under the framework established by Nigeria’s Petroleum Industry Act (PIA).
Adegbulugbe said the Act provides for Host Community Development Trusts as a mechanism for promoting sustainable development in petroleum host communities.
“Through this framework, host community development initiatives can support essential infrastructure and address community priorities.”
“The Ikuru Town Water Project illustrates the scale of investment being directed towards water infrastructure through the development of its water source, storage facilities and distribution network,” Adegbulugbe added.
With the signing of the Phase Three contract, the project moves into another stage of implementation, focused on extending the pipeline network required for water distribution.
In his comment, the Executive Director, Legal and Corporate Services, Barrister(Prince) Olusegun Ilori assured that when completed, the distribution infrastructure will complement the facilities developed in the earlier phases and contribute to improved access to potable water for the residents of the community.
Ilori emphasized that the project underscores the importance of sustained investment in essential infrastructure as part of broader efforts to promote community development and improve the well-being of petroleum host communities in Nigeria.
Green Energy International Limited (GEIL) is an indigenous Nigerian exploration and production company.
The company operates the Otakikpo field under Petroleum Mining Lease (PML) 11 in Andoni local government area of Rivers State.
Its operations include upstream oil and gas development, alongside initiatives to support host community development.
As the settlor of the Ikuru Town Host Community Development Trust (HCDT), GEIL supports community development initiatives within the framework of Nigeria’s Petroleum Industry Act.
