Founded | 2005 |
---|---|
Headquarters | Abuja, Nigeria |
Key people | Jennifer Adighije (Managing Director) |
Services | Electricity |
Website | ndphc.net |
The Niger Delta Power Holding Company (NDPHC) was founded in 2005 as a privately held company under Nigerian law. Its ownership is divided among the federal state and local governments of Nigeria. [1]
NDPHC is the successor of the Power Holding Company of Nigeria (PHCN). It owns the power stations being built through the National Integrated Power Projects (NIPP). [2] The creation of the NDPHC was financed with funds from the Excess Crude Oil Account (ECOA). [3]
In May 2024, the NDPHC cancelled a debt of N200 billion owned by electricity operators and the government. [4]