By Favour Ifeoluwa & Akinola Ajibade The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain. He spoke during the maiden edition of Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
By Favour & Akinola Ajibade
The Managing Director, Niger Delta Power Holding Company ( NDPHC) Limited, Mr Chiedu Ugbo, said the sector regulator is working to resolve payment of remaining N180 billion debts owed the company.
He said this yesterday (Thursday) in Abuja, while outligining measures, which are being undertaken by the company to remove problems plaguing the distribution of electricity to consumers in the country.
Recall that power distribution companies (DisCos) have defaulted on the payment to Nigerian Bulk Electricity Trading (NBET) which guaranteed the power sold to them for onward distribution to customers.
Ugbo however explained that, “It is a systemic issue in terms of collections from the distribution companies to the Nigeria Bulk Electricity Trading NBET (N-BET) and N-BET pays us. It is a systemic issue and because of that, we owe some gas companies as well.
" NPPHC Ugbo is working to resolve the payment of outstandings owed NDPHC within the shortest possible time. Yes, we’re being owed no doubt,” Ugbo explained.
Highlighting the sector's problems, Ugbo said the whole power grid is challenged by offtake evacuations from transmission and offtake by distribution and that if the distribution is not able to take what the distribution can carry, the transmission will not be able to take what is generated.
To solve the problem, he said that NDPHC is “working assiduously to ensure end-to-end, from generation to end users. We are working with distribution companies ditto transmission companies on how clear the bottlenecks. We also work with distribution companies to clear the bottlenecks to ensure that we reach the end users.
“We equally have distribution interventions all over the country, in all the states, to ensure that we improve the capacity of the distribution companies. Right now, we are working with Eko and Ibadan distribution companies using what we call bilateral sales. So, we sell directly to them. Thankfully, the ones we are selling and some of them are paying us as due
“We are also targeting industrial and huge consumers who by the National Electricity Regulatory Commission’s regulation can take two megawatts and above, We are supplying them and we are working on supplying more.”
On the peculiar challenges the NDPHC is facing and efforts to resolve them, Ugbo said “We have a mandate as Niger Delta Power Holding Company Limited. The governments of the Federation, federal, state, and local governments have spent a lot of money in terms of the assets that have developed on behalf of Nigerian.
“The assets are there so we have been charged to make sure that the assets are optimized, for the benefit of Nigerians. We need maximum performance of the assets, particularly the power generation assets, where we have gas limitations.
“We also have transmission and distribution limitations, but we are a government investment and we will work with the relevant stakeholders to make sure we resolve these challenges and to ensure that the load from these power plants is offtaken for the benefit of Nigerians.”
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