Prof. Nnaji, who also serves as Chairman of the firm, said necessary arrangements have been concluded for the power company to take off.
Nnaji explained that distribution of electricity from the power plant will be carried out under the name of Aba Power Limited.
He, however, maintained that generation of power will be carried out by Geometrics Company located at Osisioma in Aba.
Nnaji spoke while hosting the General Secretary of National Union of Electricity Employees, NUEE, Comrade Joe Ajaero, who was in Aba to inaugurate a chapter of the union in the new company.
The former Minister, however, disclosed that the company would be officially commissioned in August by President Goodluck Jonathan.
He disclosed that 141 Mega Watts of electricity would be generated at the plant. According to him “the power needs of Aba will be supplied and excess supplied to the national grid.
Professor Nnaji explained that the major target of the project which began in 2004, was to make Aba become the industrial capital of Nigeria.