Tag: Niger Delta Power Holding Company (NDPHC)

Probe Begins On NBET’S $33m Monthly Power Generation Deal With Azura

Abibat Babalola

The House of Representatives Committee on Finance on Friday expressed outrage over the decision of the Nigeria Bulk Electricity Trading Company, (NBET) to drag the country into Power Purchase Agreements that were detrimental to the interest of the country. The committee also ordered management of the Niger Delta Power Holding Company (NDPHC), to immediately commence a review of the Gas Purchase Agreement (GSA) between the Nigerian government and a certain company, for the supply of gas to its Calabar power plant, as it has been discovered that the said company…

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Nigeria signs deals for 70MW power supply to Togo

Aliyu Aliyu

    Nigeria, a country battling with acute shortage of electricity to its 200 million citizens, has signed a power purchase agreement (PPA) to supply 70 megawatts (MW) of power to West African nation – Togo.   The Executive Director, Generation, Niger Delta Power Holding Company (NDPHC), Engr. Kassim Abdullahi, disclosed the signing of PPA during an inspection of the Calabar Power Plant in Odukpani, Cross River State, maintaining that the supply to Togo would be carried out from the power plant. The company, Abdullahi added in a statement by…

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Power market’s debts profile to NDPHC hits N190bn

Efe Wellington

  The total debts profile of the Nigeria’s electricity market to the Niger Delta Power Holding Company (NDPHC) has hit N190 billion. Managing Director of the NDPHC, Chiedu Ugbo, who said this during a presentation at the Senate hearing on power, declared that the N190 billion debts has become one of the challenges hampering the growth of the power market. Despite the challenge posed by the debts, the NDPHC is still working assiduously to deliver on its mandate, Ugbo said.   Stating that the firm’s output is also being hampered…

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