The Niger Delta Power
Holding Company Limited (NDPHC) on Thursday said it was losing several millions
of naira on power it generated but could not be evacuated by distribution
companies. Yakubu
Lawal, spokesman of NDPHC, said this during an interview with NAN.
“NDPHC
has capacity to generate more power but cannot generate according to its
capacity because distribution companies do not have facilities to evacuate this
power being generated to the national grid,” he said.
“This
un-evacuated power causes NDPHC a lot of money.”
