14 firms win bids for Eko Disco embedded power project
NO fewer than 14 firms have emerged as possessing adequate technical and commercial capacity to participate in the first phase of Eko Electricity Distribution Company (EKEDC) embedded power generation programme.
The Managing Director, EKEDC, Oladele Amoda, in a statement made available to The Guardian, said the company is planning to generate about 474MW through embedded power generation initiative, which would ultimately boost the distribution of electricity within its network.
He said the project was part of continued efforts by EKEDC to ensure its customers enjoy improved and reliable power distribution within its network, that would more than double its current allocation from the national grid.
He said the programme, which has been submitted to the Nigerian Electricity Regulatory Commission (NERC) for approval would go a long way in alleviating the shortage of power supply from the grid, which has been rather unstable and epileptic in recent times.
“Following the receipt of NERC’s approval on the submissions tendered, EKEDC will then invite approved companies for final negotiations leading to the signing of Power Purchase Agreements (PPA) with them. Projects alongside the Embedded Power Generation program, are expected to be completed within the next 18 to 24 months bringing about a most welcome relief to customers, who have had to endure long periods of erratic power supply from the grid,” he stated.
Amoda said “with the active support of NERC for our proactive measure, our customers can indeed expect to enjoy the benefits of the privatisation of the power sector”.
Meanwhile, the power distribution company has urged its customers and the public to be prudent in the manner of their consumption.
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