India, Nigeria Urged to Deepen Renewable Energy Partnership.
ACCI, NACCIMA webinar explores technology transfer, local manufacturing, financing and investment opportunities
The Abuja Chamber of Commerce and Industry (ACCI) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have called for stronger Nigeria–India collaboration in renewable energy to accelerate technology transfer, local manufacturing, skills development, investment and job creation.
The call was made on Tuesday at the 7th India–Nigeria Bi-Monthly Trade Webinar Series, organised by NACCIMA and ACCI in collaboration with the High Commission of India in Nigeria. The webinar, themed “Powering the Future: India–Nigeria Renewable Energy Dialogue,” brought together policymakers, business leaders and energy-sector companies from both countries to explore investment and business opportunities in Nigeria’s renewable energy sector.
Declaring the webinar open, the 1st Deputy President of ACCI and National Vice President (India), NACCIMA, Prof. Adesoji Adesugba, said reliable, affordable and sustainable energy had become an economic imperative for Nigeria, noting that high energy costs and inadequate power supply continued to raise production costs, undermine business competitiveness and limit the capacity of enterprises to expand and create jobs. “Renewable energy provides a significant opportunity to address these challenges,” he said.
Prof. Adesugba identified solar energy, hydropower, biomass, waste-to-energy and decentralised energy solutions as areas with significant potential, urging both countries to move beyond a buyer-and-seller relationship towards partnerships involving technology transfer, local assembly and manufacturing, skills development, financing and joint ventures.
He further urged Indian investors to view Nigeria not only as a large consumer market but also as a potential production, innovation and regional expansion hub for West Africa and the wider African market. He said Nigeria’s renewable energy transition must create value within the country by strengthening Nigerian businesses, building local technical capacity and generating sustainable employment. He also encouraged Nigerian businesses to use the platform to identify technologies capable of reducing energy costs, develop strategic partnerships with Indian companies and explore financing opportunities that could support the adoption of renewable energy solutions.
In his remarks, the High Commissioner of India to Nigeria, Mr. Abhishek Singh, highlighted India’s expertise and growing capacity in renewable energy, identifying solar, wind, hydropower, bioenergy, green hydrogen and skills development as key areas for cooperation. Singh said Indian companies were already contributing to Nigeria’s solar energy sector and expressed the commitment of the Indian High Commission to supporting partnerships that would translate discussions into practical projects and investments.
He also identified foreign exchange constraints and local content requirements among the challenges requiring continued engagement, assuring participants of the High Commission’s support in advancing discussions and facilitating practical cooperation between Indian and Nigerian enterprises.
The webinar featured presentations by Indian companies operating in Nigeria’s energy sector, including Skipper Group, Simba Group and Gorena International Ventures, which showcased their technologies, business models and investment opportunities. Skipper Group highlighted its 26-year presence in Nigeria, expertise in power transformers, engineering, procurement and construction (EPC) services, and renewable energy solutions, including solar power and battery energy storage systems deployed in healthcare facilities and street lighting.
Simba Group presented its power solutions business, distribution network and customised solar energy offerings for sectors such as healthcare and automotive, while Gorena International Ventures introduced its power-as-a-service model, enabling qualifying projects to access solar energy systems without significant upfront investment from clients.
The presentations opened opportunities for business-to-business engagement and potential partnerships between Indian and Nigerian enterprises in renewable energy technology, financing, equipment supply, project development and local production. Participants also discussed the importance of creating a business environment capable of attracting investment, facilitating technology transfer and ensuring that renewable energy projects deliver measurable economic benefits to Nigerian businesses and communities.
The participating companies were further encouraged to showcase their products, technologies and services at the 21st Abuja International Trade Fair (AITF) scheduled for September 25 to October 6, 2026, providing another platform for business matchmaking, investment discussions, product exhibition and networking.
The India–Nigeria Bi-Monthly Trade Webinar Series is aimed at strengthening economic relations between both countries through trade, investment, technology exchange and business-to-business cooperation. The 7th edition reinforced renewable energy as a strategic area for India–Nigeria economic partnership and highlighted opportunities to transform shared expertise and market potential into commercially viable projects capable of supporting sustainable economic growth, industrial development and job creation.
By Olayemi John-Mensah
ACCI Media & Strategy Officer
