Kaduna Electric signs $45m vendor-financing contract for 200,000 meters

Kaduna Electric signs $45m vendor-financing contract for 200,000 meters

Kaduna Electricity Distribution Plc has signed an agreement with three companies, Messrs. Marks & Adams Investment limited, Electricity Meter Company of Nigeria, EMCON, and Holley Meters Ltd to supply two hundred thousand pre-paid meters to its customers across the four states of operations at the cost $45m. According to the terms, the three companies would…

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