The Eko Electricity Distribution Company says it has commenced the tender process for its embedded generation project.
The company said on Monday, in a statement signed by the Assistant General Manager, Corporate Communications, Mr. Godwin Idemudia, that it recently held a pre-bid conference with representatives of companies and organisations that had earlier been pre-qualified for the project.
The embedded generation project is an arrangement whereby bulk electricity energy is generated outside the national grid through a bilateral agreement between a distribution company on one hand and a company that generates power within the coverage area of the distribution company on the other.
Addressing representatives of the prequalified organisations, the Deputy Managing Director, EKEDC, Mr. Ramesh Narayanan, said the massive response to the prequalification advertisement for the project was enough proof of the fact that Nigeria had all it takes to positively turn around its power industry.
He said the purpose of the conference was for the prequalified organisations to have a very clear picture of the project and what it entailed before the commencement of bid process.
Participants at the pre-bid conference, according to the statement, had earlier lauded the initiative of EKEDC on the embedded generation project, while also expressing their happiness to have been selected for prequalification for the project.
They were said to have expressed their readiness to work with the company to evolve new ways of enhancing power supply to customers.
EKEDC and the participants also expressed confidence in the viability of the project, adding that the quest for stable and affordable electricity in the country would receive a big boost when the project comes into fruition.