From an ailing, debt-ridden power co-op, ZAMCELCO sees turnaround by 2025 | Lenie Lectura

  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 59%

Nigeria Nigeria Headlines News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Zamboanga City Electric Co-operative (ZAMCELCO) is committed to serve the region’s growing energy demand with stable, reliable power supply and cheaper power rates—all of which are targeted to happen by 2025.

Zamboanga City Electric Co-operative is committed to serve the region’s growing energy demand with stable, reliable power supply and cheaper power rates—all of which are targeted to happen by 2025.

These include the modernization of electric meters, replacement of wooden and dilapidated electric posts to steel poles, and installation of power transformers, and construction of new substations, and upgrade of transmission lines, among others. One of the major improvements since the new management took over the electric cooperative is the duration of unplanned power outage. From an average of eight hours a day, unscheduled power interruption now only lasts for a few minutes.

“Our load growth is more or less 5 to 6 percent annually. We are preparing to address the forecasted increase in demand for the next 10 years or so,” said Tiu, adding that these include competitive auction for 50 megawatts , sourcing an additional 30 MW from renewable energy technology, and uprating of power stations.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 19. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines