BPE Boss Laud Eko Electricity Distribution Company

AD


The Acting Director General of the Bureau of Public Enterprises, BPE, Vincent Onome Akpotaire has commended the new owners of Eko Electricity Distribution Company, (EKEDC), on the initiatives taken to improve the quantity, quality and reliability of electricity supply to its customers within its franchise despite the shortfall in power allocation from the national grid.
Akpotaire said the initiative by EKEDC, to source for alternative power through embedded generation options by ramping up excess power from existing captive generation within its license area and entering into bilateral agreements with Independent Power Providers IPP, would not only guarantee greater stability of supply but would also reduce the DISCO’s Aggregate Technical, Commercial and Collections Loss, ATC&C.
The Deputy Director, Post Privatisation Monitoring Department, Leo Ene, who represented the BPE boss, led the Bureau’s team in continuation of periodic post-privatisation monitoring activities of the privatised PHCN successor companies on Thursday, September 22, 2016, enjoined the company to improve on metering its customers.  
He said that improved metering of customers and the embedded generation options being explored by the firm would not only improve revenue collection efficiency, it would improve its distribution network and overall performance.
The Managing Director/Chief Executive Officer of EKEDC, Oladele Amoda who received the BPE monitoring team disclosed that the company with a customer population of 446, 200 (as at August 2016) is currently being allocated 11 percent of generation output (less international customers) from the grid in line with provisions of MYTO II order.
Amoda said this currently ranges from about 250MW to 350MW, which was about 500MW lower than the DISCO’s estimated suppressed demand.
According to him, to meet the shortfall in the power allocation, EKEDC was in the “process of leveraging embedded generation to urgently improve supply to major load centres.”  The aim of EKEDC was to increase available power within a shorter time to meet increased demand.
He further said the company have an existing bilateral agreement with Paras Energy and Natural Resources Development Limited, Paras Energy, for the supply of 40MW. He added that the DISCO’s goal was to provide at least 1200MW stable supply to its customers within its network by the end of 2018.
To improve collection efficiency and to ensure efficient service delivery to its customers, the MD said that the firm had expended more than N11 billion on maintenance, reinforcement of its networks and metering.
He added that the company was currently rolling out smart metering technology with over 41, 000 customers, while the installation of the CAPMI meters is still on-going with the gradual winding down of the scheme.


Real News

AD

Be the first to comment

Leave a Reply