Home Business BPE Revealed - Siemens power sector roadmap to commence by year-end

BPE Revealed – Siemens power sector roadmap to commence by year-end

- Advertisement -

The implementation of the technical and commercial proposal on electrification roadmap for Nigeria by Siemens Group will commence by the end of the year, the Director-General, Bureau of Public Enterprises, Alex Okoh, has said.

On July 22, the federal government signed the agreement with Siemens on the roadmap geared towards resolving existing challenges in the country’s power sector.

- Advertisement -

The implementation agreement with Siemens for the unveiling of a roadmap was signed by BPE on behalf of the federal government.

Mr Okoh said at a workshop in Abuja on Tuesday that the implementation of the agreement is expected to help expand the capacity for future power needs in the country will commence by the end of the year.

He was represented by the director in charge of the Energy Department at the privatization agency, Yunana Malo.

The two-day workshop, titled “Meter Data Management Solution” was facilitated by the BPE to acquaint all parties in the sector with the implementation of the agreement as well as ensure the peculiarities of every party were addressed in the roadmap by Siemens.

The forum was attended by electricity distribution companies (DISCOS), Transmission Company of Nigeria (TCN) and Nigerian Electricity Regulatory Commission (NERC).

Speaking at the workshop, Sales Support Professional, Smart Metering, Siemens South Africa, Martin Kuhlmann, said the implementation of the roadmap was designed to eradicate estimated billing system.

Mr Kuhlmann said the roadmap was also to encourage metering to consumers across the country, including government Ministries, Department and Agencies (MDA.

He expressed confidence that with the roadmap, some of the gaps currently existing in the power sector would be sufficiently addressed.

The roadmap is expected to help in resolving the challenges in the power sector with specific attention to priority projects.

The key areas featured in the workshop are the basic principles of meter data management, assessment of existing meters and the advantages of the solutions being proposed by Siemens.

All Rights and © Copyright belongs to Source:

SOURCE: Premium Times

FOLLOW US ON TWITTER SUBSCRIBE TO OUR YOUTUBE CHANNEL
alltechng
Technology is making life more meaningful, improves productivity... We are tech lovers...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

eBusiness Life Career Fair 2019: New Horizons offers 3 scholarships, other incentives

Offering the scholarship, Founder and CEO of New Horizons, Mr. Tim Akano, while delivering his speech at the event, noted that the best gift...

Pantami leads FG’s team as Korea officially hands-over eGovernment training Centre to Nigeria

The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, has stated that the Ministry under his watch will prioritize Digital literacy...

Telecoms stakeholders condemn FG over move to reduce data price

The Association of Information and Communication Technology Stakeholders in Nigeria has criticised the move by the Federal Government to reduce the prices of data...

Protests erupt after Iran hikes petrol prices

Sporadic protests have broken out in a number of Iranian cities after authorities announced a surprise decision to ration and increase the price of...

NSE crucial market indicators end with 0.03% growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent. Specifically, the market capitalisation of...