Nigeria
and other African countries’ telecommunication companies’ drive to explore
renewable power solutions to drive their off-grid telecommunications masts
could potentially create a N64 billion market to be tapped by third party
Energy Service Companies (ESCOs), with requisite technical competence,
BusinessDay investigations have shown.
Analysts
say this could serve as a stop gap, pending when the dividends of the ongoing
reforms in Nigeria’s electricity sector materialise, as energy is believed to
be the largest cost item in developing markets, representing as much as 40-50
percent of total operating costs.
For
instance, in 2012 alone,
