MainPower DisCo Engages Investors at Enugu State Investor Forum
The MainPower Electricity Distribution Limited (MEDL), on Tuesday, engaged key industry stakeholders and potential investors at the Enugu State Investor Forum.
Discussions at the event, held at the International Conference Center, Enugu, centered on investment opportunities in Enugu State’s electricity market, vendor financing, and the Smart Metering Demonstrator – a pilot project implemented by the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) in collaboration with MEDL.
The project highlighted how AI can be harnessed by distribution companies to enhance revenue assurance and attract private investment through data-driven metering.
MEDL’s Managing Director, Dr. Ernest Mupwaya, and Chief Commercial Officer, Ikenna Akabogu, participated in panel sessions exploring strategies to bridge the gap between utility bankability, revenue assurance, and private capital, as well as pathways for replicating successful models across other state electricity markets.
Mupwaya assured potential investors that MEDL is open for business and ready to collaborate to close the metering gap across its network.
Notable attendees included Dr. Samuel Ogbu-Nwobodo, Commissioner for Trade, Investment and Industry, Enugu State (representing Governor Dr. Peter Mbah).
Others are: the Commissioner for Energy and Mineral Resources, Enyinnaya Franklin Ogbonna, and Mr. Chijioke Okonkwo, Chairman/CEO of the Enugu State Electricity Regulatory Commission (EERC), along with his commissioners; and Engr. Frank Edozie, Team Lead, UKNIAF.