As the Nigerian Electricity Supply Industry (NESI) commemorates its 10th-anniversary of privatisation, Egbin Power Plc has described the milestone as a decade of trajectory progress of the power plant, resulting in greater contribution to the nation’s socio-economic growth.
Speaking on the occasion, the chief executive officer (CEO) of Egbin Power Plc, Mokhtar Bounour, highlighted that the transformation was driven by high aspirations and a clear vision of Sahara Group to contribute positively to the nation’s power sector.
“Following the takeover in 2013, the turnaround of Egbin power plant was decisive and strategic, in line with the vision of the management to provide reliable and accessible power supply to Nigerians.
“The clear focus and commitment of the company stirred them to prioritize and inject substantial investment in crucial areas including overhaul, human capital development, safety of employees, upgrade of equipment and infusion of state-of-the-art technology, among several other capital projects. These initiatives ushered in a significant increase in the generation capacity that grew from below 400 MW to over 1000 MW,” Bounour said.
According to him, the company will continuously give stability to the grid through sustainable power generation. “Our product is electricity. We are empowering schools, hospitals, and strategic institutions. We are participating positively in the economic growth of the country. Egbin is very important to the grid. So, this puts the responsibility on the management to maintain stability on the grid and participate positively in all areas, leading to an improvement of the entire sector”.