Firm targets cost-effective renewable energy services

Nepal Energies, formerly Nepal Oil and Gas Services Limited, has reiterated its commitment to increase Africa’s access to cleaner, affordable and reliable energy to drive economic growth.

According to the firm, Nepal Energies will be developing, delivering and maintaining renewable energy sources for customers with efficiency, effectiveness, and in the most cost-effective way possible.

The company’s Group Managing Director, Ngozi Ekeoma, disclosed this during the unveiling of the brand’s new name. The firm completed its rebranding process from Nepal Oil and Gas to Nepal Energies.

She said the rebranding was in line with the ongoing transition from a focus on fossil fuels to a renewable energy major.

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“The shifting global dependence on non-fossil fuels, climate uncertainty, international commitment to reducing the global carbon footprint and the quest to remain frontrunners in the pursuit of affordable and cleaner energy in Africa, are some of the guiding reasons for the transition, signaling the start of a new phase in the brand’s already stellar career,” she said.

According to Ekeoma, the organisation has traversed the entire downstream and midstream value chain; from pipeline and storage construction to production and shipping, haulage and maintenance, and facility management.

“The year 2022 for us has been a journey! We were faced with the herculean task of onboarding multiple retail stations across the country. This was followed by the acquisition of more assets to expand operations, particularly our LPG business; but in the words of Nelson Mandela: Courage is not the absence of fear, but the triumph over it.

“We have remained committed to achieving the United Nations Sustainable Development Goals in Nigeria through various CSR activities such as the School for All Initiative and Dream Alive Initiative to address educational challenges, and our fight against the COVID-19 pandemic, Our Access to Clean Water Initiative, and Health Outreaches to address health issues. Our Operation Clothe the Widows and SOS Outreaches underline our Women and Children empowerment strategies, while Clean Up Fridays, an in-house initiative where our staff set out to clean the environment of our host communities, covers our contribution to the environment and climate action,” she said.