The Managing Director, NDPHC, Chiedu Ogbo, says the indebtedness of the power sector to the Niger Delta Power Holding Company is now over N100bn.
The NIPP was conceived in 2004 and developed to address the issues of insufficient electric power generation and excessive gas flaring from oil exploration in the Niger Delta region.
Ugbo says that the NDPHC had diversified into renewable energy, as it had installed 20,000 solar home units and plans to add another 100,000 units across the country.
He outlined the 10 thermal plants that were designed under the NIP to include the Ihovbor Power Station Benin, Edo State; Calabar Power Station, Cross River State; Egbema Power Station, Imo State; Gbarain Power Station, Yenagoa, Bayelsa State.