The cost of a poor power supply to the economy is colossal. There is and enormous devastating impact on investment returns and there is a huge discomfort impact on households as well. Together, one could estimate the productivity loss to the economy at 10 per cent of the nation’s GDP (Gross Domestic Product), which amounts to over N10tn annually.
There are direct losses to investors in the form of erosion of profit margins, outright business failure, resulting from prohibitive production and operating cost, competitiveness problems, loss of market share and many more. There is also a profound welfare effect on citizens. High energy cost increases the cost of goods and services produced locally, which drives costs and pushes inflation. High cost implies higher prices, which reduces the value of the real income of citizens, erodes purchasing power of the citizens and invariably undermines the welfare of the people. It also aggravates the poverty scale in the country.
Many factories have been turned into warehouses for imported finished goods on account of competitive challenges faced by home industrialists owing to high energy cost and other business environment issues.
These reasons and many more brought about the establishment of one Nigeria’s premier brand in the energy solution sector, HFGC, also known as indigenous automatic synchronising panels builders.
A few days ago, the Oyo State government proposed to spend N108 billion to stop persistent energy changes and provide clean energy solution. An emphasis on the importance of energy solution.
“To solve its persistent power supply challenges and provide clean energy solution to fast track development, Nigeria is on the verge of securing N108b from investors.
Oyo State governor, Seyi Makinde, who acknowledged the potential of solar energy as a viable solution to the country’s power problem, said it is the future of business and the nation’s climate is suitable for it. The governor made the remark while receiving representatives of a United State (US) based company, Triton Solar, in Ibadan, Oyo State. The governor assured of his administration’s commitment to boosting power generation in the country and pled support for the establishment of a solar plant in the state.” The Guardian reported.
Founded in 2006, HFGC Energy & Power Solutions Ltd. based in Lagos, is a premier provider of innovative and high-quality power engineering products, technical services and solution that meet the need of customers involved in the production, transmission and distribution of electric power. She offers a complete solution that include design, cost estimation, specification development for procurement, detailed engineering, component procurement, bid evaluation and product services in Electrical Engineering.
Services undertaken include Industrial Electrical & Electronics Installation; Commissioning & Maintenance; AC& DC drives, Simatic S5 & S7 Siemens pic; Relay Interface Panel; Motor Control Center (MCC) Panel, Manual & Automatic Mains Failure (A.M.F); Manual & Automatic synchronising panel. She also builds feeder panels for rural electrification and power sub-station from 50KVA and above. HFGC installs, tests and commissions (in accordance with international standards and specifications) sub-stations.
For HFGC Energy & Power Solutions Nig Ltd, quality control is not just a process, but a MISSION and we will continue the tradition of providing innovative and high-quality products, technical services and solutions that meet the needs of all classes of customers involved in the production, transmission, and distribution of electric energy.
We value the integrity and dedication of our employees and suppliers and are committed to promoting communication and encouraging the spirit of teamwork.
SOME HFGC’S PRODUCTS INCLUDE
HFGC electrical panels are made using high-quality steel and is completely built using an air-insulated metal. It has various compartments and has a compact design. Its electrical panels are made highly durable and easily accessible. Its buttons, controls and meters are kept at a convenient height. It is extensible on both sides. We provide you the best electrical panels in the country. HFGC supplies transformers that are made of international standards of quality and safety for industrial and commercial set up with the latest technology available. Our transformers are totally maintenance-free and safe from fire as we use metals, ceramics and fiber-glass that are completely environment-friendly. HFGC transformers are suitable not just for indoor installations but also for populated and explosive outdoors. One of the important features of their transformer is its durability and capability to withstand any situation.
HFGC substations are used for loading power from a high voltage circuit to a low voltage circuit in places like construction sites and other places where electricity is used. Our substations are compact in size and can be moved around different locations easily. The substation is mounted on wheels thereby making it easy for transportation. It is easy to operate, safe and is low on maintenance. HFGC substations are customised according to the needs of the customers and is suitable for all weather conditions. Our compartments consist of Ring Main Unit, Vacuum Circuit breaker, Load Break Switches, Oil Cooled Transformer VPI dry type, Low Losses Design, Tap Changer and Fuses.
The company’s unique selling point is its ability to satisfy customers’ demands. HFGC has the habit of retaining customers not just because they are professionals, but also because they keep to their words. Some of their customers of well over a decade are: BUA Group, Hygeia, Global Engineering, Dangote, P&G, Siemens, Sheraton, Dansa, PZ Cussons, May & Baker, FAAN, Golden PENNY, PHCN, MIKANO, Prime Motorview, EMZOR, etc.
Some of the recently completed projects include: Dangote Refinery, Dangote Flour Mill, Dangote Pasta, Dangote Cement Factory, BUA Cement Factory, British American Tobacco, etc.
CITY PEOPLE’S Brands & Products recently visited HFGC Factory in Lagos and was wowed by the standard, professionalism, aesthetics, and high level of competitiveness the company prides itself in.
Below are some of the pictures of the production process.