Interstate Electrics To Improve Electricity Distribution In S/East

Started by Shola Sholaz, Sep 10, 2013, 05:30 PM

Shola Sholaz

Interstate Electrics, the preferred bidder for the Enugu Electricity Distribution Plc (Enugu DISCO) has reiterated its commitment to enhance efficiency for effective service delivery in the distribution of electricity in South East Nigeria. This follows its successful payment of the balance of $94million required for the takeover of the DISCO.
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Speaking, the Chairman, Power House International, Mr Kester Enwereonu, said: "We would begin operations with unique private sector model that has high efficiency and corporate governance standards that would set the pace for electricity distribution in Nigeria.
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He based his conviction on the fact that a member of the group, Metropolitan Electricity Authority (MEA) of Thailand, has high efficiency and corporate governance standards and has a model that competes effectively with private sector models worldwide.
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He further revealed that the consortium will improve the company's network so as to deliver excellent service to its customers, using their collective financial muscles and high expertise.
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MEA reportedly distributes electricity in the Thai capital city of Bangkok and environs and is reputed to be one of the most efficient developing world power distribution companies with record technical and commercial losses of below five per cent over the past eight years.

Folami David

Electricity must be improved all over Nigeria because it is about time that happened. It's pretty bad right about now. They must do something!