port harcourt electricity distribution company plc

7/27/2019 Port Harcourt Electricity Distribution Company PLC

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PORT-HARCOURT ELECTRICITY DISTRIBUTION COMPANY PLC

42, Obi Wali Road, Rumuigbo, P.M.B. 5554, Port-Harcourt, Rivers State, Nigeria.

Port Harcourt Electricity Distribution Plc, or Port Harcourt Disco, serves Bayelsa, Cross River, Rivers,

Akwa-Ibom and parts of Dalta States in Nigerias industrial South South zone, a region dominated by oil

and energy-related companies. The Disco is subdivided into six districts, namely, Calabar, Diobu,

Ikom/Ogoja, Borikiri, Uyo and Yenegoa. Port Harcourt Disco owns and maintains the distribution

network and support equipment within the zone, manages meter installations, servicing, and billing,

coordinates consumer credit services, and collects revenue. Port Harcourt Disco currently employs

1,712 staff.

Port Harcourt Disco is one of 11 such distribution companies comprising a national distribution grid. The

grid, in turn, is managed by a separate company, the Transmission Company of Nigeria (TCN) Plc, from a

national control center at Oshogbo, and a supplementary center at Shiroro. TCN is a subsidiary of the

Power Holding Company of Nigeria (PHCN). As of December 31, 2005, Port Harcourt Disco ranked sixth

for sales and first for electricity purchased/distributed.

In the Port Harcourt Disco service area, demand continues to grow, driven largely by the industrial

demand and a class of consumers who are ready to pay higher rates in exchange for reliable service

and adequate supply so as to eliminate the time and expense of supplying supplemental power, long a

problem in Nigeria.

In 2005, Port Harcourt Disco intensified collection efforts with installation of pre-payment meters, route

sequencing, bulk, and feeder-by-feeder energy audits. As a result, percentage of revenue collected to

amount billed, increased across all districts, from a low of 64% to a high of 74%.

NETWORK & FACILITIES

In 2005, Port Harcourt Disco delivered a total of 1,163,064,600 GWh of electricity to 373,993 customers,

generating revenue of N4.155billion. In 2005, Port Harcourt Disco had a total distribution capacity of

1,404.495MWA per annum. The Discos customer includes residential commercial, industrial, and

special tariff users. Port Harcourt Disco owns, maintains, and operates a network equipped as follows:

33Kv Network

6,109.84 km of 33Kv lines

22 nos of 33Kv circuits

22 nos of 33Kv/11Kv injection stations

Total installed capacity of 33Kv substations: 499MVA

1084 nos of 33/0.415 Kv distribution substations

Total installed capacity of 33/0.415Kv distribution substations: 303.95 MVA


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11Kv Network

9,747.51 km of 11Kv lines

64 nos of 11Kv circuits

1,793 nos 11/0.415Kv substations with a total installed capacity of 549.3MVA

0.415Kv Network

5,662 nos of 0.415Kv circuits

42.403.768 km of 0.415Kv lines

Others

Port Harcourt maintains overhead and underground lines, electrical poles, telecommunication

equipment, including:

Electric poles, power transformers (2.5MVA, 33/11Kv; 15MVA; 7.5MVA)

Metering systems and injection substations/distribution substations

Electric circuits, GEC circuit breakers, 11Kv Breaker, EIB and CCT Circuit breakers

PRIVATIZATION

Port Harcourt Distribution Company Plc was established as a public limited liability company on

November 7th

, 2005. Port Harcourt Disco is managed by a Chief Executive Officer (CEO) who reports

directly to the CEO, Power Holding Company of Nigeria (PHCN). In July 1, 2006, Port Harcourt Discobecame a stand alone company as a next step toward its privatization.

Concessioning or core investor sale are the most likely privatization options but the exact strategy will

depend on an evaluation of operations, assets, investment required, and other factors. In February

2007, FGN advertised for prospective investors with expertise in the power industry to respond with

their Expressions of Interest (EOIs). Deadline for submission was 9th

March, 2007.

In 1999, FGN began an aggressive restructuring of the power sector with several aims, including:

introduction of efficient, private sector standards and management principles, and methodology,

leading to reliable power priced by the market.

In 2001, FGN approved a National Electric Power Policy (NEPP), followed in 2005 by the Electric Power

Sector Reform (EPSR) Act. EPSR Act provides the legal authority for the unbundling of Nigerias power

utility as well as the introduction of a new state-of-the-art regulatory scheme managed by the Nigerian

Electricity Regulatory Commission (NERC), an independent regulatory commission, to guarantee open

access and ensure efficiency throughout the industry. EPSRA also provides for a consumer assistance


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fund, development of a competitive market, and establishment of a Rural Electrification Agency and

Fund (REA & REF) and the Nigeria Electricity Liability Management Company (NELMCO).

port harcourt electricity distribution company plc

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