By KUNLE KALEJAYE

Eko Electricity Distribution Company has spent about N2 billion to resuscitate power equipment within its zone to ensure stable power supply.

Several reinforcement, maintenance and installation of new equipment were carried out by the zone during the first quarter of 2012.

Addressing newsmen during the zone’s quarterly meeting in Lagos, the Chief Executive Officer, Mr. OladeleAmoda, said the zone has replaced several obsolete 33kv and 11kv

Areas where obsolete power equipment was installed include Satelite Town, Amuwo, Ademola Victoria Island, Berkely, Orile, Coker, Lekki, Oke-Ira Kekere that cost an estimated sum of N500 million, Amoda said.

In replacing faulty power facilities, Amoda said that 33/11KV 15MVA transformers were installed at Keffi, Ademola, Anifowosha, Yaba NRC, Cappa/Nitel while additional transformers were also installed at Agungi, Lekki and a brand new 1x15MVA injection substation station was completed at TejuoshoYaba, which cost N300million.

He added that several 33KV and 11KV lines were constructed and additional 500KVA/300KVA Distribution Transformers were installed, which cost N750million.

According to him “In total, close to N2 billion have been committed to reinforce and maintain the network in the last six months.”

He admitted that the funding of the various project in the zone came from the Federal Government, which he describe as a practical demonstration of government’s commitment in improving the power sector for the benefit of its citizens.

Also, to fully enforce the new electricity tariff that took off on June 1, 2012, Amoda said that about 130,000 customers with faulty and obsolete meters are expected to be metered within the next 18 months, adding that in July the zone plan to install 8,000 meters to replace obsolete and faulty ones in the system.