- NDPHC to ensure the bilateral power project is implemented within six months to improve power supply to over 70 companies.
- NDPHC has successfully constructed eight power plants with a combined capacity of approximately 4,000 megawatts.
The federal government has lauded the Niger Delta Power Holding Company (NDPHC) efficient and stable Bilateral power project. Through this project, over 70 manufacturing companies operating in Lagos and Ogun States are set to experience relief. The Vice President, Senator Kashim Shettima, accompanied by the Governors of Lagos and Ogun States, Mr Babajide Sanwo-Olu and Dapo Abiodun, respectively, and the Managing Director of NDPHC, Mr Chiedu Ugbo, yesterday kicked off the NDPHC/Agbara Industries Bilateral Energy Sales Roadshow.
The roadshow allowed the federal government, the two state governments, NDPHC and the technical and financial partners to meet and interact with the companies, assuring them of the opportunities inherent in the proposed bilateral power project. Shettima directed the NDPHC to ensure that the power project for the Agbara Industrial Cluster was implemented within the next six months to improve power supply to the over 70 companies.
Also speaking at the Agbara Business Roundtable, an integral part of the Light up Nigeria Programme of the NDPHC and part of the activities for the roadshow, the vice president expressed the commitment of the federal government to tackle power challenges facing businesses in the country. He assured the companies operating within the industrial clusters of the government’s commitment through the NDPHC, the operator and implementer of the National Integrated Power Project (NIPP), to provide them with efficient, stable and affordable electricity.
In his remarks, the Managing Director of NDPHC said the event, which was under the leadership of the Vice President and Chairman of the government-owned power firm, signified the unwavering commitment and preparedness of NDPHC in strategic collaboration with their esteemed partners to undertake bilateral electricity sales to end-users.
Ugbo said the initiative’s primary objective was to ensure a consistent, reliable, and cost-effective electricity supply from their power plants to the extensive industrial and business clusters in Agbara and throughout Nigeria. He explained that the NIPP aimed to enhance electricity generation with associated electricity transmission and distribution infrastructure to benefit Nigerians. He further said the NDPHC had successfully constructed eight power plants with a combined capacity of approximately 4,000 megawatts (MW) and various transmission and distribution infrastructures.