Powercom Smart Grid Nigeria (PSGN), the subsidiary of POWERCOM, has announced its acquisition of Kano Electricity Distribution PLC (KEDCO).
A statement issued by PSGN said: “This acquisition presents a significant opportunity for KEDCO to implement a comprehensive turnaround plan aimed at improving performance and efficiency.”
The statement said PSGN Turnaround Plan encompasses a strategic approach to address the challenges faced by KEDCO and transform it into a highly efficient and financially viable electricity distribution company supporting five million customers.
The plan focuses on revenue enhancement, operational performance optimisation, revenue collection, customer service and overall system reliability.
PSGN would supply KEDCO smart electricity endpoints including the full backbone infrastructure to manage the grid.
The project is meant to upgrade the existing distribution grid into a modern platform, addressing services such as revenue enhancement, reduction of energy losses, debt recovery, reduction of outages, grid optimisation, asset recording, asset protection, peak load management; workforce automation, reducing operational expenditure and improving customer service.
PSGN’s “turnkey” solution includes the Vending Platform and a Control Room with GIS visualisation for grid management.
The system would allow real-time notification of any event on the map.
All prepayment tokens would be loaded remotely to the smart meters through real-time communication.
PSGN Dashboard System would provide BI and AI real-time visibility of all Key Performance Indicators (KPIs) providing insights into all the KEDCO levels.
The platform would support the highest levels of cyber security.
Touching on the benefits, the statement said PSGN Consumer Engagement Software would provide consumers with access to consumption data, events, notifications, billing data, tariffs and notifications.
“PSGN will implement and manage the overall project scope and will provide a Technology Transfer skill to KEDCO personnel throughout the implementation of the project.
“The PSGN solution will supply accurate data in real time allowing configurable demand response and remote disconnection. PSGN Smart Grid Platform will provide monitoring, analysis, control, and communication within the electrical & Water grid to help improve efficiency and minimise energy consumption and cost. With a view to the future, the PSGN solution will allow integration with future technologies such as solar panels (PV) generation, Embedded Power, and electric vehicles (EV),” the statement concluded.
Source: https://energynewsafrica.com