Niger Delta Power Holding Company (NDPHC) on Wednesday signed a framework agreement with the Benin Electricity Distribution Companies (BEDC) to deliver additional 250MW from stranded power to customers within the franchise area.
A statement signed on Thursday by Mrs Olufunke Nwankwo, Head, Communication and Public Relations, NDPHC, said the agreement was signed on Wednesday in Lagos.
Speaking at the ceremony, Mr Chiedu Ugbo, Managing Director, NDPHC, said the two companies had in 2020 commenced exploring options to collaborate to deliver safe and reliable power to customers of the BEDC’s franchise area.
He said: “Some of the initial project areas are: Benin Bypass (industrial cluster near the NDPHC’s power plant at Ihovbor, Benin City, Edo State; Asaba, Delta State, Ondo South Senatorial District, Ondo State and interventions in Ekiti State.
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”Today, we are glad that we gather here for the purpose of signing a framework agreement for this collaboration.
“For the NDPHC, the project will enable us to deliver more 250MW of power to customers of the BEDC’s franchise areas in Edo, Delta, Ondo, and neighbouring states.”
“For the BEDC, the project will help the company to satisfy its customers with reliable power and achieve an enhancement of its network and infrastructure,” Ugbo said.
According to him, the BEDC’s customers, their homes and industries can now enjoy 24 hours power supply.
