Warning: getimagesize(https://media.energytimesonline.com/wp-content/uploads/2020/08/logo_n-removebg-preview-300x55.png): failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/energytimes/public_html/wp-content/plugins/td-cloud-library/shortcodes/header/tdb_header_logo.php on line 792
Saturday, April 10, 2021
Home Midstream Gas/Power KEDCO targets reduction in technical, revenue losses of 23.5% in 2020

KEDCO targets reduction in technical, revenue losses of 23.5% in 2020

The Management of Kano Electricity Distribution Company (KEDCO) says the company is on the right track to reduce its Aggregate Technical, Commercial, and Collections Losses to 23.5 per cent in 2020.

According to the Management, the company is yet to get over N11billion revenue in its franchise area as a result of the attitude of some customers by not paying their bills or giving part payment.

The company in a statement described this as unhealthy, stressing that it needs all the resources to sustain improvements in the sub-sector to impact greatly on the economy of Kano, Katsina and Jigawa States.
It stated: “For 2020, we projected to cut our ATC&C loss by 23.5 per cent but as it stands now the ATC&C is 49 per cent. However we are working to ensure we meet our ATC&C target of 23.5 per cent by December, 2020”

“To achieve that target, we shall focus our attention on transformer metering, repairs of faulty transformers, properly aligning our PPM to feeders as well as ensuring 100 per cent bills distribution and collection”

In his message, Dr Jamil Isyaku Gwamna, the Managing Director and Chief Executive Officer, KEDCO charged customers to continue to pay their bills on time while avoiding part payments.

Gwamna further appealed to customers in Kano, Katsina and Jigawa States to support KEDCO by reporting suspected cases of sabotage to security personnel or any KEDCO offices.

He added ” the success of KEDCO means the satisfaction of customers across board, hence we are calling on all our customers to partner with KEDCO to ensure we succeed in our quest to build a better and improved service delivery package for customers.”


Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

ETI appoints Fashina as Group Executive, Operations & Technology

Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group has announced the appointment of Tomisin Fashina as its new Group Executive for Operations...

Shell pays $3.243b to Nigeria’s govt in 2020

Shell, a global leading oil and gas producer on Wednesday published its 2020 Sustainability Report, its Industry Association Climate Review and its annual Payments...

Eni Makes Big Oil Find Offshore Angola

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Cuica exploration...

DPR revokes Addax’s oil mining licenses for non-performance

.Re award licenses  to Kaztec and Salvic Consortium The Director Department of Petroleum Resources (DPR), Engr. Sarki Auwalu, has said that DPR revoked three Oil...

Recent Comments