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NDPHC Moves to Utilise 3,000MW Unused Power

NDPHC Moves to Utilise 3,000MW Unused Power The Niger Delta Power Holding Company (NDPHC) says it is taking steps to ensure 3,000 megawatts of stranded power in its plants becomes utilised. The company said it is also putting efforts in top gear to ensure the attainment...

EXCLUSIVE: Disquiet in NDPHC over Alleged Illegal Retirement of General Managers on Level 16

There is an uneasy calm at NDPHC over the alleged fraudulent and immediate promotion of four General Managers on level 16 to the level of Directors on level 17 in order to force them out of office in line with a recent circular from the Head of Civil Service

N140bn Solar Project Not Free – Osinbajo

N140bn Solar Project Not Free - Osinbajo       Vice President Yemi Osinbajo has told beneficiaries of the N140 billion home solar project is not free. The solar systems are part of the Nigerian Economic Sustainability Plan (NESP) that the President Muhammdu Buhari administration’s response to the economic...

Power Firms Owe Us N160bn, Says NDPHC

Power Firms Owe Us N160bn, Says NDPHC       The indebtedness of the power sector to the Niger Delta Power Holding Company has hit N160bn, the Managing Director, NDPHC, Chiedu Ugbo, stated on Wednesday. NDPHC is Nigeria’s power company fully subscribed to by the federal, state and local...

Metering, Stranded Power Dominate Discussion at Power Conference

Metering, Stranded Power Dominate Discussion at Power Conference The need for effective metering of electricity consumers ‎and distribute the 2000 megawatts stranded power to customers across the country dominated discussion at the just concluded 29th Power Sector Stakeholders meeting held at Minna, Niger state capital. Power,...

Privatisation: FG Gets $5.6bn Offer for 10 NIPP Plants

The Managing Director, Niger Delta Power Holding Company (NDPHC), Mr Chiedu Ugbo, has said that a $5.6 billion (about N1.76 trillion) sales offer has been made for the 10 National Integrated Power Plants (NIPP) plants built with $4bn (about N1.25trn) investment. Mr. Ugbo said the...