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2 clusters · 3 sources · 6 days · First seen · Last updated
Geometric Power electricity operations in Abia State
Overview
Geometric Power has implemented an integrated electricity model in the Aba Ring-fenced Area of Abia State, Nigeria, involving an investment of over $800 million. The project includes a N43 billion investment in smart meters, which have been provided to over 95 percent of consumers through vendor financing. The Electricity Consumers Association of Nigeria (ECAN) has praised the company for transparent billing practices and disciplinary actions against unauthorized payment solicitation.
While the Aba Ring-fence operates independently from the national grid using gas-fired turbines, recent power disruptions were attributed to natural gas supply cuts rather than systemic failures. Geometric Power has commended the Abia State government for its role in public-private partnerships, specifically noting Governor Alex Otti’s intervention in negotiations with gas suppliers to ensure a constant supply for the region. The company currently receives gas from Heirs Energies, though aging infrastructure remains an operational challenge.
Entities
Geometric Power · Aba Power · Jonny Baxter · Heirs Energies · Alex Otti
Timeline
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[BUSINESS] 2 sourcesGeometric Power commends Abia State government for public-private partnerships
Geometric Power has lauded the Abia State government for its role in facilitating public-private partnerships to secure gas supplies and prevent blackouts in the Aba Ring-fenced Area.
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[BUSINESS] 2 sourcesGeometric Power earns praise for $800m electricity investment in Nigeria
Geometric Power and Aba Power have earned consumer and diplomatic praise for their $800 million integrated electricity model and N43 billion smart meter rollout in Abia State, Nigeria.
Sources
businessamlive.com · realnewsmagazine.net · thenicheng.com