…as EERC hands over license
By Cynthia Alo
The Mainpower Electricity Distribution Limited, a subsidiary of the Enugu Electricity Distribution Company PLC (EEDC) has been licensed to distribute electricity within Enugu State by the Enugu State Electricity Regulatory Commission (EERC).
As part of events marking the completion of the transition period for transfer of regulatory oversight from the Nigerian Electricity Regulatory Commission (NERC) to EERC, the Chairman/CEO, EERC, Mr. Chijioke Okonkwo, presented the interim distribution license to Mainpower Electricity DisCo.
Presenting the license, Okonkwo charged Mainpower to continue with the operations of electricity service delivery to the citizens of Enugu State and work with the Commission to ensure growth in electricity services that is efficient, reliable, sustainable, and accountable is sustained for the long run.
With this development, EEDC operations in Enugu State has come to an end and have been transferred to Mainpower, while NERC will no longer regulate electricity business within the state of Enugu.
In his remarks after receiving the license, a member of the Board of Directors of Mainpower, Mr. Kester Enwereonu, said that the successful transition was a new chapter that reflects the forward-thinking reforms in the power sector and that Mainpower is ready to lead the way.
He further said that to accelerate the transformation, Mainpower will deploy re-engineered processes, cutting-edge technology, and smart tools designed to leapfrog past conventional barriers, stressing that technology is at the heart of the company’s strategy.
He assured that Mainpower will be leveraging data-driven insights to enhance efficiency and improve service delivery and that its focus will be on building a future-ready distribution network capable of delivering sustainable, reliable, and uninterrupted power to homes and businesses across the state.
It will be recalled that with President ola Tinubu signing the Electricity Act into law, States can now generate, transmit, and distribute electricity. With this development, they are expected to set up their own regulatory framework to regulate the electricity market in their states and issue operating licenses to potential investors that may want to do business in the state.
Consequently, EEDC ceases to operate within Enugu State, as MainPower Electricity Distribution Limited is now the DisCo responsible for electricity distribution in the State. However, EEDC as the holding company continues to carry out electricity distribution in Abia, Anambra, Ebonyi, and Imo States.
Disclaimer
Comments expressed here do not reflect the opinions of Vanguard newspapers or any employee thereof.