Mainpower Electricity Distribution Limited engages investors at Enugu State Investor Forum
CHIGOZIE AMADI
Mainpower Electricity Distribution Limited (MEDL) today engaged key industry stakeholders and potential investors at the Enugu State Investor Forum, held at the International Conference Center, Enugu.
Discussions at the event centered on investment opportunities in Enugu State’s electricity market, vendor financing, and the Smart Metering Demonstrator.
The Demonstrator is 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.
Dr. 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 & Industry, Enugu State (representing Governor Dr. Peter Mbah).
Also Enyinnaya Franklin Ogbonna, Commissioner for Energy and Mineral Resources; Mr. Chijioke Okonkwo, Chairman/CEO of the Enugu State Electricity Regulatory Commission (EERC), along with his commissioners.
Equally in attendance was Engr. Frank Edozie, Team Lead, UKNIAF.
