- The Niger Delta Power Holding Company (NDPHC) encourages high-energy businesses to join its Eligible Customer Programme.
- The move boosts industrial growth, optimises stranded capacity, and strengthens the company’s revenue and liquidity.
The Niger Delta Power Holding Company (NDPHC) has urged high-energy-consuming industrial and commercial organisations to join its Eligible Customer Programme, allowing them to purchase electricity directly from NDPHC and other generation companies.
In a statement on Sunday, November 9, NDPHC said the programme, launched in 2017 and updated in 2024, offers eligible customers up to six, 10, or 20 megawatts of electricity. Approved participants receive a Power Purchase Agreement, flexible pricing, negotiated energy tariffs, and improved supply reliability.
“With more than 2,000MW of stranded power capacity, NDPHC is intensifying efforts to optimise its generation assets by selling power directly to bulk users,” the statement read. The initiative aims to boost industrial growth while addressing liquidity challenges.
Meanwhile, Managing Director/CEO Jennifer Adighije described the programme as a strategic pathway to deepen Nigeria’s industrial competitiveness. She cited Phoenix Steel Mills as an example of how stable power increases productivity, lowers costs, and strengthens value chains.
Adighije added that the firm is exploring embedded and bilateral power solutions to serve eligible customers where national grid evacuation is constrained. She said relying solely on the centralised market has proved unsustainable due to revenue shortfalls, market defaults, and sector-wide uncertainties.
“Over the past year, we have engaged large, creditworthy electricity consumers under the NERC framework to establish bilateral agreements that allow NDPHC to sell power at cost-reflective tariffs,” Adighije said. She noted that the approach aims to enhance revenue, improve liquidity, and insulate the company from centralised market inefficiencies.