Enugu DisCo to deploy 500,000 meters worth N37bn to Anambra
Enugu Electricity Distribution Company PLC (EEDC) is set to deploy 500,000 metres worth N37 billion to Anambra State. This was disclosed by the Managing Director/CEO of EEDC, Praveen Chorghade, at the weekend in Awka.during the signing of the Memorandum of Understanding (MoU) between EEDC and Anambra State to ensure steady power supply across the state. […]
Enugu Electricity Distribution PLC (EEDC)
Enugu Electricity Distribution Company PLC (EEDC) is set to deploy 500,000 metres worth N37 billion to Anambra State.
This was disclosed by the Managing Director/CEO of EEDC, Praveen Chorghade, at the weekend in Awka.during the signing of the Memorandum of Understanding (MoU) between EEDC and Anambra State to ensure steady power supply across the state.
Chorghade said the MoU is designed to achieve an overall business turnaround that would contribute to the enhancement of service delivery, commercial performance, shareholders’ and stakeholders’ value addition.
He also stated that the partnership will strengthen the business relationship between EEDC and Anambra State and unlock opportunities for attracting additional investments to achieve the twin common objectives of increased reliability of power supply and commercial performance.
He said the model will improve service to customers and provide additional networks required to increase both reliability and quality of supply towards attaining a 24/7 supply in the state.
“In order to strengthen our chosen franchise model, we have procured the services of a reputable Original Equipment Manufacturer (OEM) in the name of Siemens, as our technical services partner. We shall leverage on this partnership to access high quality products and solutions for accelerating the quality and quantum of electricity being provided in Anambra State.
“More than five hundred thousand new meters estimated to cost about 37 billion naira are needed to close Anambra State’s metering gap and this will definitely curtail losses emanating from estimated billing and customers’ unwillingness to pay” he said.
Speaking on the partnership, Governor Charles Soludo expressed optimism that the partnership will translate into positive changes in the lives of Anambra people, describing the model as a healthy journey to a prosperous smart megacity.
In his speech, the chairman of EEDC, Sir Emeka Offor expressed optimism that with the commencement of the implementation of the project within the next 18 months, major cities in Anambra will begin to get at least 18 hours of power supply.