The Niger Delta Power Holding Company (NDPHC), has declared the intention of evacuating about 690 megawatts (MW) of electricity adrift at the Olorunsogo power plant in ibadan because of the poor infrastructural layout.
The Managing Director, NDPHC, Chiedu Ugbo, stressed that the company’s programme was to be able to lay hands to the whole output of the power plant freed for the usefulness of Nigerian citizens.
He cited this while investigating and performing oversight action to the Olorunsogo Generating Company Limited, a subsidiary of NDPHC located in the Ewekoro area along lafarge cement production industry in Ogun State.
“We are familiar to the array, but there is a notion to be hindrance in the array at the moment. This particular plant has 750MW which, at 31 degrees, should be able to castaway 690MW. Our forecast is to ensure the whole output of this power generation plant to evacuated. The most important aspect for us now is that Nigerians must have the jollification of this power plant,” he announced.
In adherent to him, NDPHC is a co-stakeholders with the Ibadan Electric Distribution Company (IBEDC), in a bilingual arrangement to supply electricity to industries, groups and residential customers at the Shagamu interchange axis, denotatively address this, would attract the mind if investors to enact more industries into the State to in reducing unemployment pandemic for its residents.
Ugbo stated “Although, we do not see the incapacitation on evacuating the power plant as a challenge, but opportunities for removal, we have quite a number of industries at the Shagamu interchange. Nonetheless, there is no connection from this power generating plant to this axis, so we are upward at to set out a developing on transmission of line from the power plant here in Olorunsogo to the inter-change axis for the companies there and it would encourage other companies to come into that industrial gathering of the axis.
“This asset was built with fund that belongs to Nigerians so it means it was opined for Nigerians, but accidentally, the layout and programme as it is today will not allow Nigerians to take electricity from this power plant. The electricity is here and we have gas (CNG) supply to the plant, but the transmission company is inability to adrift the power from this plant for so many reasons and what it might devastate and this is why we are here with IBEDC to see what the challenges are and what the network cumbersome are so that we can provide an end-to-end from the power plant to the ends consumer.”
Retracting from the recent hike in electricity tariff and bills, he noted: “Electricity is a commodity and it has to be paid for. It is a commodity and it has cost associated with its distribution, transmission and generation along the value chain. Money does not come from any other source apart from that end user tariff and the end user tariff must cover that cost.
“Gas cost forms about 70 per cent of every investment the investors make. So whatsoever tariff is agreed upon between the distribution company and the Nigeria Electric Regulatory Commission (NERC), must have taken effect with the consideration the cost of gas across the value chain.”
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