26 July 2015, Kaduna – Kaduna Electric, operators of the Kaduna Electricity Distribution Company, has entered a strategic business partnership to supply electricity to the Kaduna Refining and Petrochemical Company quarters and water treatment plant.
This is part of agreements reached by the two companies during a courtesy visit by the management of the Kaduna Electric to the KRPC yesterday.
A statement from the electricity company said its Managing Director/CEO, Engr. Garba Haruna, who led the top management on the visit, disclosed that the company was on a mission to identify and harness the potentials available at KRPC and tap same.
He identified power purchase, an idea where Kaduna Electric would sell to, or buy excess energy from the KRPC as a business strategy which the two companies should take seriously.
According to him, Kaduna Electric has the capacity to distribute 700 megawatts of electricity in its franchise area but its current allocation from the national grid is just about 200 megawatts. He added that the new management of the company was working to reduce the average technical, commercial and collection losses (ATC&C) which he put at about 50% when they took over the company in December last year.
KRPC Managing Director, Engr. Sa’idu Aliyu Mohammed, said his company as one of the major hydro-carbon processing plants in the country has both traditional and unique refining capacities. He applauded the visit, saying it would trigger further discussion and business relationship between the two companies. High point of the visit was the constitution of a joint technical working group to study the needs and potentials of the two organizations that could be beneficial to them.
*Simon Echeofun Sunday – Daily Trust