Search
Close this search box.
FG, NDPHC, States Partner to Distribute 4000MW Electricity
FG, NDPHC, States Partner to Distribute 4000MW Electricity
FG, NDPHC, States Partner to Distribute 4000MW Electricity
– By majorwavesen

       Share 

Facebook
Twitter
LinkedIn
WhatsApp

FG, NDPHC, States Partner to Distribute 4000MW Electricity

The Federal Government, Niger Delta Power Holding Company (NDPHC), and Lagos, Ogun, and Oyo States have entered into a collaborative effort to distribute 4,000 megawatts of electricity across various industrial and business clusters, including Agbara, as well as other regions in Nigeria.

This decision was announced during the ‘Light Up Nigeria Programme: Agbara Business Roundtable’ held in Lagos on Thursday.

During the event, Chiedu Ugbo, the Managing Director and Chief Executive Officer of NDPHC, made it known that the initiative’s main goal is to ensure a consistent, reliable, and cost-effective electricity supply sourced from the company’s power plants. NDPHC, a government-owned entity responsible for implementing the National Integrated Power Project, has successfully built eight power plants, collectively generating around 4000 MW, alongside establishing diverse transmission and distribution infrastructure.

Ugbo highlighted the challenges faced by the existing system, including constraints within the transmission and distribution networks, distribution losses, gas limitations, and the financial burden on the Federal Government’s balance sheet through the Nigerian Bulk Electricity Trading (NBET), a primary arm of the government.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Newsletter

Get to read our latest stories right in your email

Show some Love. Share this post

Copyright 2022. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from Majorwaves Energy Report

Show Buttons
Hide Buttons