Dr Nnaemeka Ewelukwa has assumed office as the acting Managing Director/CEO of the Nigerian Bulk Electricity Trading Plc (NBET) following the step down of Dr Marilyn Amobi. Waziri said that Ewelukwa, a General Manager, and the pioneer General Counsel and Company Secretary at NBET, has taken charge of the agency’s operations. “He has led NBET’s negotiations with Independent Power Producers (IPPs) and the development of Power Purchase Agreements (PPAs} at NBET. “Paving the way for billions of dollars in additional private sector investments in the electric power sector,” she said. According to her, Ewelukwa is also a co-author of three globally acclaimed handbooks on electricity transactions; namely, Understanding Power Purchase Agreements (2014}, Understanding Power Project Financing (2016) and Understanding Power Project Procurement (2018}.

Source: The Guardian December 25, 2019 21:11 UTC