Nigeria’s Eko Electricity Distribution Plc, (EKEDP) plans to acquire about 474MW of power through a well-established generation. In this regard, companies that generate power in the country are urged to consider the rooted electricity generation program. In the program, construction of small sized generating plants which will be connected to and will supply power through the distribution network infrastructure.
The program will be used in improving the power shortages experienced in the country by doubling its current allocation from the national grid.This project is expected to take between 18 to 24 months to complete. However, EKEDP has already presented the power generation program proposal to the Nigerian Electricity Regulatory Commission (NERC) for approval.
EKEDP has already installed 29,071 prepaid meters which took a period of 18 months to install; on the other hand additional 50,000 prepaid meters have been approved by the company’s Board of Directors at a cost of KES 255.5m (US$261.52m). Nonetheless, the company looks at increasing the power allocation with about 700MW from the grid through the bilateral agreements with the active merchant generators and the embedded Independent Power Producers (IPPs).
Moreover, out of the 50 companies who submitted their interest in being part of the program, only 14 companies were granted the qualification to participate in the first phase of the embedded power generation programme as well as handling the technical and commercial capacity.
Currently, the Nigeria has an installed power capacity of 5,500MW compared to Kenya ‘s 2,152MW.