Leading Electricity Distribution Company, Ikeja Electric Plc (IE), recently signed a Memorandum of Understanding with two renowned Original Equipment Manufacturers (OEMs), Messrs Kabelmetal Nigeria Plc and Nigerchin Wire and Cable Ltd for the supply of customized electricity cables for its network.
According to her, the strategic partnership with Kabelmetal Nigeria Plc and Nigerchin Wire and Cable Ltd is the first of its kind in the Nigerian Electricity Supply Industry (NESI), where manufacturers would enter into a commitment to supply customized cables to a DisCO.
She stated that this agreement would no doubt go a long way in ensuring mutually beneficial relationship and deeper business engagements between IE and the two companies.
Conclusively, in their remarks, the Managing Director of Kabelmetal Nig Plc, Eric Waldner and Sunil Kumar, the General Manager of Nigerchin Wire and Cable Ltd expressed optimism over the signing of the agreement, noting that it was the first time they were going into such agreement with a DisCO, while also assuring Ikeja Electric of full support and collaboration in prompt delivery of the materials