Genesis Electricity Ltd, GEL, has been declared the African Power Utility of the year at the Africa Utility Week Awards.
The awards which held at the International Convention Centre in Cape Town, South Africa, is an annual award where winners are selected by an independent panel of judges based on their excellence in any one of power utilities in Africa.
Some of the fields considered are Service delivery, project roll-out, technology roll-out, revenue protection measures, loss reduction, grid integration and new energy sources.
Those who made the finalist in the category that Genesis won the award, included Copperbelt Energy Corporation, Kenya Electricity Transmission Company, Genesis Electricity Limited, and ZESCO Limited of Zambia.
Genesis was recognised for its multiple projects deployment in a few countries in Africa over the past nine years and particularly for the development of the 84MW off-grid gas-fired power plant at the Nigerian National Petroleum Corporation owned, Port Harcourt Refining Company, PHRC.
It is estimated that almost 50% of Nigeria’s petrol, diesel oil, kerosene and other refined products requirements can be met by the PHRC when operating at full capacity, and thus significantly reducing the huge petroleum products importation bills currently being incurred by the Nigerian government.
Genesis Electricity Chief Executive Officer, Mr Akinwole Omoboriowo, has also been listed amongst the 60 Most Influential Figures in East &West African Power in ESI Africa 2014.
Commenting on the award, he said: “We at Genesis Electricity are elated, and indeed humbled by so great an honour to be recognised with an award of such magnitude.
We congratulate the Federal Government of Nigeria for creating and fostering a vibrant enabling environment for the power sector in Nigeria. We also thank government for granting us the opportunity to invest in the construction of the 84MW off-grid electric power supply solution to the largest refinery complex in Sub Sahara Africa, the Port Harcourt Refining Company.