The Niger Delta Power Holding Company (NDPHC) has signed a framework agreement with Benin Electricity Distribution Company to deliver additional 250 megawatts to boost supply within the franchise area.
In a statement by BEDC, both parties signed a memorandum of understanding (MoU) with the agreement expected to see BEDC partner with NDPHC and others to identify and prioritise critical projects to increase power supply while improving on the technical and commercial environment.
Managing Director of BEDC Electricity, Funke Osibodu, expressed the company’s delight “to partner an organisation of high repute like NDPHC”.
“There is an alignment in our objectives to drive positive change in Nigeria’s power industry, so this partnership is a good fit and we look forward to positive outcomes shortly,” she said.
The Chief Executive of NDPHC, Chiedu Ugbo, said the company was delighted to work with BEDC Electricity in delivering end-to-end solutions under the scheme. He said the collaboration would bring about much-needed improvement to Nigeria’s power sector.
With the partnership, BEDC is looking at delivering incremental power from the NDPHC underutilised or stranded capacity to several industrial and commercial hubs through multiple solutions across certain locations in Delta, Edo, Ondo, and Ekiti states in the electricity value chain.