A LANDOWNING unit in Viseisei, Vuda received a $200,000 cheque from AJYNK Limited for the 94-year lease of their land for the Vuda Renewable Power Development.
AJYNK Limited managing director Gale Campbell said the handover was long overdue.
"They have stuck with us for five years when we started building the plant in 2009. And we are very grateful for their support and for their willingness to give us their land to use," she said.
"This is a very significant occasion not only for us but also for the people of Viseisei Village."
She said the Vuda Renewable Power Development involved the construction and operation of an 18-megawatt biofuel-based power generation plant.
The project owners will be Pacific Renewable Energy Limited (Pac-Energy).
"The construction of the plant will be carried out over 18 months with plant commissioning planned to be completed by June 2014."
Ms Campbell also said employment opportunities were available for members of the mataqali.
"We have a responsibility to ensure the mataqali people are employed and the rest of our employees will be taken from the rest of the 12,000 unemployed in the West."
Landowning unit spokesman Isaia Raega said they were grateful for the company's assistance.
"We are really happy they wanted to buy our land for their project and so we are very happy to have been able to help them with their project," he said.