The management of Niger Delta Power Holding Company has lamented that its 2,000-megawatt electricity generation capacity is stranded due to N600 billion in gas debts and other constraints.
The Managing Director of NDPHC, Jennifer Adighije, disclosed this in a statement to Media Talk Africa by her Technical Adviser on Media, Adesanya Adejokun.
It stressed that the country’s Integrated Power Project plants managed by NDPHC faced setbacks due to inadequate monetization.
According to her, despite the challenges, NDPHC has worked tirelessly to rehabilitate five turbine units across Calabar, Omotosho, Sapele, and Ihovbor power plants that were erstwhile offline.
She noted that the plants now contribute an additional 625 megawatts to the national grid.
“Supply challenges, transmission constraints, as well as close to N600bn debt being owed the company by Nigeria Bulk Electricity Trading and other bilateral entities are hindering the company’s operations.
“NDPHC currently has a mechanically available generation capacity of about 2,000 MW that is significantly stranded due to transmission constraints, gas supply, and gas transportation limitations in addition to dwindling offtake by the distribution companies,” she stated.
