Despite the challenges confronting the Nigerian Electricity Supply Industry (NESI) since its unbundling in 2013, the sector is acclaimed to have recorded some measure of achievements and progress.
To this end, the organizers of the Nigeria Power Sector Awards 2022 have announced plans to to recognize some industry players who are toiling day and night to ensure that the sector doesn’t collapse.
A statement by the Director of Marketing and Sponsorship, Nigeria Power Sector Awards Limited, Racheal Salehu, said the Awards aims to achieve three broad objectives; to reward and incentivize organizations and individuals who have contributed in measurable ways to the improvements, growth and progress in the sector.
Others are; catalyze further improvements, growth, innovation and progress in the power sector and to transparently highlight the improvements and growth achieved within the power sector in order to change the negative public opinion about the power sector, which has become a hindrance and constraint to attracting much needed long term investments in the power sector.
According to her, the maiden edition of the awards will hold at the prestigious Sheraton Hotels in Abuja on November 23, 2022.
The Awards, she said, is the first of its kind in the NESI and will celebrate the efforts and achievements of deserving public and private organizations and individuals across the entire NESI value chain and the renewable energy/off-grid sector.
‘‘It will beam spotlight on the innovation, growth and progress achieved by these organizations and individuals, highlighting their efforts and achievements within the power sector since the conclusion of the power sector privatization,’’.
In addition, Salehu said the awards will provide a unique platform for networking, stimulate top level interactions and deepen collaborations within the power sector.
She added that the awards will bring together key stakeholders, top level State government officials involved in the power sector at sub-national levels, top officials from Nigeria’s power and energy sector, Ministers and top government officials in the power sector, ministries and regulatory organizations, top level members of the National Assembly, Banks ,other financial institutions, development finance institutions and private equity infrastructure funds that are power sector focused, core Investors of GenCos and DisCos, amongst other high-level dignitaries are expected to attend the awards.
The broad award categories are structured to highlight and recognize every segment of the NESI. They include; Electricity Power Generation Category, Electricity Distribution Category, Independent Power Provider Of The Year (Captive Generation), Most Innovative Power Technology Category, Renewable Energy Category.
Other categories are; Gas Supply Company Of The Year, Transaction/Deal Category, Public Sector Organization Of The Year, Development Finance Institution Of The Year, Bank / Financial Institution Of The Year, Best State Government in the Power Sector, and the Lifetime Achievement Awards. There will also be a posthumous award to be given to the Late Engr. Joseph Makoju, OFR, whose contributions and achievements in the power sector was exceptional in developing the NESI.
Nominations for the respective awards are currently open at at https://npsawards.ng/categories and will close tomorrow.
