Business
Eko DisCo, signs MoU with USAID
Eko Electricity Distribution Company (EKEDC) is set to sign a memorandum of understanding (MoU) on technical assistance with the United States Agency for International Development (USAID), Ripples has learnt.
Giving insight on the planned MoU, the company’s General Manager, Corporate Communications, Godwin Idemudia said the technical assistance agreement is from USAID under the US Government funded Power Africa Transactions and Reforms Programme (PATRP) Inc.
The PATRP, which is designed to bring more electricity to sub-Saharan Africa through utilisation of transaction-centred approach, is a five-year USAID technical assistance project being implemented by Tetra Tech Inc.
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Speaking at the inaugural meeting between EKEDC and Tetra Tech Inc. in Lagos, the President of Tetra Tech Inc., Mr. Dean White said Tetra Tech. has a rich background of experience of partnering and managing power utilities in Africa and as such, he looked forward to a successful partnership with EKEDC.
Also speaking at the occasion, the Chairman, Board of Directors of Eko Electricity Distribution Company, Mr. Charles Momoh said the company would continue to do everything possible to bring about the desired turnaround in the power situation of the country especially in the Company’s licence area.
Others present at the inaugural meeting were the MD/CEO of Eko Electricity Distribution Company, Dr Oladele Amoda, the Managing Director of Tetra Tech Inc. Mr. David Victor and members of top management team from EKEDC and Tetra Tech.
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