The Mainpower Electricity Distribution Limited (MEDL) on Tuesday engaged key stakeholders and prospective investors at the Enugu State Investor Forum, signaling renewed efforts to unlock opportunities in the state’s evolving electricity market.
The forum, held at the International Conference Centre, focused on critical areas including investment prospects in Enugu’s power sector, vendor financing, and the Smart Metering Demonstrator initiative.
The pilot project—implemented by the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF) in partnership with MEDL—demonstrated how artificial intelligence can be deployed by distribution companies to strengthen revenue assurance and attract private capital through data-driven metering systems.
Speaking during panel sessions, MEDL’s Managing Director, Ernest Mupwaya, alongside Chief Commercial Officer, Ikenna Akabogu, highlighted practical strategies for bridging the gap between utility bankability and investor confidence.
They also explored scalable models that could be replicated across other subnational electricity markets.
Mupwaya reiterated the company’s readiness to partner with investors, assuring that MEDL remains open to collaborations aimed at closing the metering gap across its network.
Dignitaries at the event included Samuel Ogbu-Nwobodo, who represented Governor Peter Ndubuisi Mbah.
Also in attendance were Enyinnaya Franklin Ogbonna; Chijioke Okonkwo, alongside commissioners of the Enugu State Electricity Regulatory Commission; and Frank Edozie.
