The Managing Director of the Niger Delta Power Holding
Company Plc (NDPHC), Jennifer Adighije, has revealed that the company plans to
commercialise 200MW of its 2,000MW stranded electricity capacity before the end
of 2025. This will be achieved through new Power Purchase Agreements (PPAs)
with eligible off-takers and traders, currently awaiting regulatory approval
from the Nigerian Electricity Regulatory Commission (NERC).
Speaking during a strategic visit to the Nigerian
Independent System Operator (NISO), Adighije noted that the move aligns with
NDPHC’s broader objective to unlock stranded capacity, improve liquidity, and
ensure commercial sustainability. She stated that the company’s improved plant
availability, particularly at Omotosho and Alaoji power stations, positions it
to meet off-taker demands once approvals are granted.
Adighije also called on NISO to support enhanced
dispatch levels, citing the absence of a formal PPA with the Nigeria Bulk
Electricity Trading Plc (NBET) as a key limitation. She lamented that NDPHC
currently recovers only about 30% of its invoices and stressed that unlocking
commercial deals will improve cash flow and allow the company to settle its
obligations.
During the visit, the MD sought stronger collaboration
with NISO’s new leadership, emphasizing the critical role of NDPHC in Nigeria’s
evolving electricity landscape under the Electricity Act. She urged regulatory
fairness and recognition of the unique bureaucratic hurdles faced by public
generation companies compared to their private counterparts.
Adighije reaffirmed NDPHC’s commitment to contributing
to Nigeria’s energy security and to working closely with NISO to drive reforms
in the power sector.
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