By Udesinanna Stephen
The Vice President Kashim Shettima has said President Bola Tinubu’s administration will collaborate Niger Delta Power Holding Company Limited (NDPHCL), for the design, development, and operation of steady power supply to major industrial and commercial clusters.
As recently gathered from his X account @officialSKSM, he said, “The launch of this strategic collaboration between our company, Niger Delta Power Holding Company Limited and its key partners for the design, development, and operation of projects to supply dedicated, steady, and quality power to major industrial and commercial clusters in Nigeria echoes His Excellency, President Bola Ahmed Tinubu pledge to reinvigorate our nation’s infrastructure framework.
According to him, settling the power supply issues is targeted at countering the longtime setback faced by many businesses, adding that lighting up the industrial arena is the beginning of progress.
Also, he said, “By mobilizing private capital, harnessing the generation portfolio of NDPHC, and utilizing the existing power delivery infrastructure, we aim to provide a consistent, reliable, and high-quality power supply to specific customer clusters with substantial capacity demands.
“This effort has initiated an industrial revival of significant magnitude. In essence, it implies that, after a considerable period, the NESI will experience a substantial increase in supply levels without the necessity of injecting public funds, delivering nearly continuous power precisely where it’s most critical for our economy,” he explained.
“We are not only committed to providing the institutional and policy support necessary to enable, promote, and sustain this private sector-led initiative but also to paving the way for the emergence of synchronized development in .transmission and distribution infrastructure, aligned with the demands of industrial customers.”
“This infrastructure is designed for the efficient and reliable transmission of power from NDPHC’s plants. We will deploy the appropriate technology to ensure the efficient operation of the networks and to minimise commercial, collection, and technical losses that have plagued the industry,” he said.
