NSP board visits CEC

The Board of Directors of Nigeria’s power generating company, North South Power Company Limited (NSP), has visited CEC to appreciate and learn about the Company’s energy development trajectory.

A former CEC investee company, NSP is the concessionaire for Shiroro Hydroelectric Plc, one of Nigeria’s six electricity generating companies that emerged from the unbundling of the then public power utility. Shiroro hydropower plant (Shiroro) has the capacity to produce 600MW of power.

The NSP Board Chairman, Mr. Ibrahim Aliyu, led his team in undertaking a tour of selected CEC installations and operations within Kitwe; among them the state-of-the-art System Control Centre and the 1MW solar PV park in Riverside to experience, first-hand, CEC’s operations and the developments it is making in renewable energy development.

Expressing the team’s appreciation for the engagement, NSP Executive Vice Chairman, Dr. Olubunmi Peters, recognized the relationship shared by the two companies, starting five years back, and was hopeful that the visit marked another phase in this relationship.

Chief Projects Officer, Mr. Vincent Nyirenda, emphasised on the value that CEC places on partnerships as one way of advancing its business interests. When properly nurtured, he observed, such relationships made it easy for business opportunities to be harnessed.

In 2013, CEC, in partnership with NSP, competitively bid for and won the 30-year concession for 600MW Shiroro, one of the generating assets included in Nigeria’s power sector privatisation drive. CEC also acquired the Abuja Electricity Distribution Company; both of which it divested at the end of 2016.

Events in pictures