Electricity: Haresh Aswani’s Tolaram picks up a $62 million World Bank project in Nigeria

Electricity: Haresh Aswani’s Tolaram picks up a $62 million World Bank project in Nigeria

Through its subsidiary MBH Power, the businessman confirmed the Singaporean group Tolaram’s interest in West Africa’s sector.

Someone shares this article with you
            ▪ Electricity: Haresh Aswani’s Tolaram picks up a $62 million World Bank project in Nigeria

▪ Through its subsidiary MBH Power, the businessman confirmed the Singaporean group Tolaram’s interest in West Africa’s sector.

https://www.africabusinessplus.com/en/807040/electricity-haresh-aswanis-tolaram-picks-up-a-62-million-world-bank-project-in-nigeria/

Is there a local giant in the making? It is still too early to say, but MBH Power wants to give itself the means to become so. The company carried by Asian capital—part of the diversified Tolaram group—is moving in this direction and has chosen to put its stamp a little more on the market, which saw its birth in 2004.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Construction & Infrastructure

24/11/2023 at 19h44, by Africa Business+

Singapore’s Tolaram secures $150m for Lagos Free Zone while awaiting listing

Tolaram is involved at various levels in the huge project to build the new port of Lekki, 60 km from...

Electricity

04/10/2023 at 19h22, by Africa Business+

Nigerian MBH wins Sonatrel Douala power reinforcement project, beating out Sinohydro, Elsewedy, and Cegelec

The call for tenders to boost the economic capital’s electricity capacity has attracted the interest...

Industry

08/03/2022 at 18h50, by Africa Business+

Aramex recovers only €1.9 million in fire insurance claims in Morocco

The sum does not even cover 15% of the damage suffered in a warehouse disaster in Casablanca. Nor does...

Oil & Gas

17/03/2021 at 18h13, by Africa Business+, updated 18/03/2021

Shell Nigeria faces more legal attacks

The Anglo-Dutch oil giant is facing new litigation in Nigeria.

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.