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NDPHC signs power agreement with Eko DisCo
- To supply 300MW electricity to Ibeju-Lekki
- The project will increase supply to Ibeju-Lekki area
The management of the Niger Delta Power Holding Company (NDPHC) and Eko Electricity Distribution Company (EKEDC) have signed an agreement for the supply of 300MW of electricity to the Ibeju-Lekki area of Lagos state. The signing ceremony took place at the Lagos State Government House in the presence of Governor Babajide Sanwoolu.
The Managing Director NDPHC, Chiedu Ugbo commended the project saying ”This collaboration is significant considering the strategic importance of Lagos State as Nigeria’s commercial capital and host state for key industries in Nigeria. It is also for this reason that we are pleased to be signing this document in the presence of Mr Governor, who is himself a key member of NDPHC’s Board of Directors, and whose State, Lagos, is one of our shareholders”.
The project will improve electricity supply to the area as well as ensure stranded power is evacuated through NDPHC’s generation assets.