- The Fenchurch Power project aims to increase power supply to Ondo, Edo, and Delta states by the second quarter of 2024.
- The collaboration will enable efficient power supply generated by NDPHC’s Ogorode IPP to BEDC’s customers.
Fenchurch Power Nigeria has announced the signing of a 150MW off-take framework agreement with the Niger Delta Power Holding Company (NDPHC), the Benin Electricity Distribution Company (BEDC), and Faiza Utilities Ltd. The firms expect the deal to boost power supply and distribution infrastructure in Ondo, Edo, and Delta states, marking a significant milestone in Nigeria’s energy sector.
In a statement by the group, the Executive Vice Chairman of Faiza Utilities Limited, Mr Olufemi Bakare; the Managing Director/Chief Executive of NDPHC, Mr Chiedu Ugbo; and the CEO of BEDC, Mr Deolu Ijose, signed the agreement at the NDPHC head office in Abuja.
Furthermore, the collaboration will strengthen the last-mile distribution network, enabling the efficient power supply generated by NDPHC’s Ogorode Independent Power Project to BEDC’s customers. The project also aims to increase efficiency and power supply to the areas by the second quarter of 2024.