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IBEDC invests over N11.5bn in metering, network, maintenance

By Udeme Akpan

Ibadan Electricity Distribution Company, IEDC has invested over N11.5 billion in metering, network upgrade and rehabilitation of its facilities targeted at improving supply to consumers.

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In a statement sent to Vanguard, the Managing Director/CEO of IBEDC, Mr. John Donnachie stated, “we have in the past six months invested over N11.5 billion in major capital projects. These span across our franchise area covering -Oyo, Ogun, Osun, Kwara; parts of Kogi, Niger and Ekiti States.

“These projects are major game changers for IBEDC as a business and for our esteemed customers, which have significantly improved our service delivery, quality and quantity of power supply.

“Recently, we commenced the procurement and supply of 10,000 Distribution Transformer (DT) Meters at a cost ofN4 Billion.  These DT Meters will greatly reduce the challenge of estimated bills and ensure customers without meters are billed more accurately through its energy audit, accounting functionalities, and above all, assist in our TC&C losses.”

Donnachie stated, “In line with reducing the incidence of estimated bills, we have commenced our meter roll out with a 1st batch of 48,470 Energy Meters of various ratings and capacities. This includes35,000 Single-Phase, 12,000 Three-Phase,1,470 Whole current, C.T-Operated and Statistical Meters all at a sum of N3.1 Billion, ahead of the MAP initiative currently being finalized by NERC and the DISCOs.

“The continuous metering of Maximum Demand customers is also in place with the deployment of 13High Voltage Energy Meters and delivery of 912 Low Voltage Maximum Demand Energy Meters at a cost of N405 Million.

“To further support the huge metering expenditure, we have invested extensively in the supply and installation of Advanced Metering Infrastructure (AMI) Systemsat over N1 Billion, this investment is critical to optimally implement the functionalities of DT Meters. As we speak, we have recently received 95% of CAPMI meters for deployment for those that paid.”

He stated that, “To further reduce safety related accidents and to achieve Vision Zero and Safety Culture of IBEDC, the Board has awarded a whopping sum of N1.47 Billion for a major overhaul of the Health, Safety and Environment department. The project will deliver on over 60 critical need areas with major focus on procurement and deployment of PPEs, IPEs, signages, Labels and symbols.

“Furthermore, the project is expected to map the layouts of 114 Substations to develop conceptual site models, training on Emergency techniques, solid waste and hazardous management programme, production of occupational health and safety environmental policies and framework for all technical and non-technical staff.

“In addition, it will ultimately aid us in attaining the certification required, thereby making us an internationally recognized health hazard compliant organization.”

The Managing Director/CEO indicated that the on-going Asset and Customer Enumeration (ACE) exercise estimated at a N5Billion, is now fully rolled out across the franchise and is scheduled for completion early next year, adding that the project on completion will greatly enhance service delivery by providing critical data needed for planning and provision of infrastructure, reduce estimated bills, improve the accuracy and enhance quality of power supply and quicker fault response rates.


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