NDPHC: Electricity generation impacted by N600bn debt

NDPHC: Electricity generation impacted by N600bn debt

Engr. Jennifer Adighije, the Managing Director of Niger Delta Power Holding Company (NDPHC) Limited, has indicated that challenges with gas supply, transmission limitations, and a debt nearing N600 billion owed to the company by Nigeria Bulk Electricity Trading (NBET) and other bilateral entities are obstructing its operations. In a statement issued yesterday, Adighije noted that these issues prevent the company from utilizing the 2,000 megawatts of electricity generated by all its plants.

She expressed regret over the poor uptake of electricity from the electricity market, noting that this is having a significant impact on its operations.
She revealed that the new management has diligently endeavored to revive five turbine units at the Calabar, Omotosho, Sapele, and Ihovbor plants that were previously offline. These units now provide an extra 625 megawatts to the national grid.

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