Eko Disco Plans Massive Acquisition of Meters

The Chief Executive Officer of Eko Electricity Distribution Company (EKEDC), Dr. Oladele Amoda, has disclosed that company has set aside $15 million for the acquisition of both maximum demand metres for industrial users and another N20 billion for residential and commercial customers in order to improve electricity supply.
Amoda said the company is making efforts to improve electricity supply to its customers by reinforcing its network and exploring embedded generation to complement supply from the national grid.
He disclosed that the company has signed on some power generating firms to provide EKEDC electricity and listed some of the companies to include Ijora Power 13MW, Apapa Power firm 30MW and Parax, a power firm in Ogijo, Ogun State 40MW.
According to him, the Eko Power firm is targeting about 170MW from off-grid or embedded supply in the next few years.
He lamented that before privatisation, the company was owed N10 billion, and mostly by the military and government agencies, adding that these debts have now been inherited by the Nigeria Electricity Liability Management Company Limited (NELMCO).
Commenting further on the debt issue, the EKEDC boss revealed that from November 2013 to date, customers owe the company N700 million, stressing that these debts are chiefly owed by the military and government, while the management is discussing with the military on modality of payment.