Obiano said his administration would continue to partner the firm in a bid to ensure that every part of the state had access to reliable power supply.
The governor said he had granted the Right of Way to Transmission Company of Nigeria (TCN) to run their power lines free of charge to any part of Anambra they desired.
He promised full protection for power installations warning that vandals in the state would not have space to operate.
Obiano, who disclosed that no fewer than 11 electricity vandals had been convicted, said he had constituted a special task force headed by Chief Chikodi Anara to guard installations across the state.
“This partnership with EEDC is very important as it is geared towards improving power supply in the 24 communities they will serve.
“I have granted Right of Way to TCN free of charge to all the places they requested and soon all the structures under High Tension Lines will start going down because we do not want any obstruction to what they are doing.
“We shall not relent in dealing ruthlessly with vandals, already 11 people are in prison, a committee has been set up to protect installations in all the communities of the state,” he said.
In his speech, Mr Okey Nwosu, Managing Director and Chief Executive Officer of EEDC said the investment was aimed at boosting service delivery within the company’s franchise area.
Nwosu thanked Anambra government for donating a piece of land for the project free of charge to the EEDC while commending efforts of the Obiano administration towards enhancing power supply in the state.
He said the three 33kva injection stations built by Anambra Government in Orumba, Nnewi and Igbariam were major assets to the efforts of EEDC towards total electrification of the state.
The CEO however, decried high loss of power to energy thieves and vandalism.
Nwosu urged TCN to expand its infrastructure to enable EEDC receive and distribute power more robustly as the existing infrastructure was constrained.
In his part, Dr Steve Dike, member of EEDC Board of Directors said about 50 per cent of hotels in Anambra indulged in energy bypass whereby they disconnected from meter at night and reconnect during the day.
Dike said this had resulted in huge loss to EEDC as it hardly realised average of N3.5 billion revenue from monthly N4 billion worth of energy received from Generation Company.
According to him, we lose between two and three transformers monthly and 50 per cent of hotels in Anambra are into bypass; they disconnect at night and hookup in the morning.
A traditional ruler at the event, Igwe Peter Anukwu of Mbaukwu urged electricity customers to pay their bills to enable EEDC serve them better while urging the company to end the era of estimated billing system.