Mainpower Electricity Distribution Limited (MEDL) has engaged investors and key industry stakeholders at the Enugu State Investor Forum, showcasing emerging opportunities in the state’s electricity market.
The forum, held at the International Conference Center, focused on critical areas such as vendor financing, private sector participation, and the deployment of innovative metering solutions to strengthen the power sector.
A major highlight of the engagement was the Smart Metering Demonstrator, a pilot initiative implemented by the United Kingdom Nigeria Infrastructure Advisory Facility in collaboration with MEDL.
The project demonstrated how artificial intelligence-driven metering systems can improve revenue assurance and enhance the bankability of electricity distribution companies, thereby attracting private investment.
Speaking during the forum, MEDL’s Managing Director, Ernest Mupwaya, reaffirmed the company’s readiness to partner with investors to address the persistent metering gap across its network.
He emphasized that MEDL is open for business and committed to creating a more efficient and transparent electricity distribution system.
Also speaking, Chief Commercial Officer, Ikenna Akabogu, joined panel discussions that examined strategies to bridge the gap between utility bankability, revenue assurance, and access to private capital.
The sessions also explored how successful models in Enugu could be replicated in other state electricity markets.
The event attracted top government officials and regulators, including Samuel Ogbu-Nwobodo, who represented Governor Peter Mbah. Others in attendance were Enyinnaya Franklin Ogbonna; Chijioke Okonkwo; and Frank Edozie.
Discussions at the forum underscored the growing interest in Enugu State’s electricity sector and the potential for innovative, data-driven solutions to drive sustainable investment and improved service delivery.
