The European Union (EU) and All On – an impact finance outfit, would launch a €30 million worth of electrification financing initiative for off-grid and commercial and industrial captive power projects in Nigeria, organisers of the upcoming fourth Nigeria Energy Forum (NEF 2019) have disclosed. According to a statement by the NEF organisers, the funding…
The Chairman, House of Representatives Committee on Power, Steel Development and Metallurgy, Mr. Daniel Asuquo has lamented the deepening liquidity crisis in the nation’s electricity market, just as the Committee pledged to support all those in the electricity market to attain their full potentials. Representative Asuquo made the lamentations in Kaduna when he led members…
Ondo state governor, Oluwarotimi Akeredolu on Saturday inaugurated the 85kw Igbatoro Onigari solar mini-grid power project in Akure North. He also launched the pilot of a scalable 45kw cabin-type mini-grid power project in Gbagira town in Ilaje local government area of Ondo State. Represented by the Special Adviser to the Governor of Ondo State on…
UK-based project developer PAS Solar Limited has been arranged a USD-10-million (EUR 8.8m) syndicated senior debt facility to expand its efforts in Nigeria as it looks to provide clean electricity to more than 150,000 local households in the next five years. The five-year tenor syndicated loan has been designed by the Renewable Energy Performance Platform…
Enugu Electricity Distribution Company (EEDC) has commenced upgrade of its Agu-Awka Injection Sub-station from 7.5MVA to 15MVA capacity, having taken delivery of a brand new 15MVA power transformer. “This is coming in less than 24 hours after upgrade of Ebeano Tunnel Injection Sub-station in Enugu from 7.5MVA to 15MVA capacity was completed,’’ Head of Communications,…
The Ibadan Electric Distribution Company (IBEDC), has attributed the lack of power supply in Ilesha to the extensive damage done to its distribution network infrastructure, specifically to its Oke-Omiru injection substation by hoodlums. The Managing Director and Chief Executive Officer, IBEDC, John Donnachie, explained that due to the extensive damage done to its distribution network…
Mainstream Energy Solutions Limited, operators of Kainji Dam and Jebba Hydro Power plants has said it losses an estimated N900 million monthly due to stranded power occasioned by load rejection by the National Control Centre, (NCC) . Mainstream Energy also urged the Nigerian Electricity Regulatory Commission (NERC) to fast track the implementation of the Eligible…
The Nigerian Electricity Regulatory Commission (NERC), will begin mass metering for electricity consumers by May 1, to bridge the metering gaps in the country. Dr Usman Arabi, NERC General Manager Public Affairs in a statement said the metering will be executed under the Meter Asset Providers(MAP) programme of the Federal Government. “The commission issued permits to MAPs…
Houston, Texas, USA (15 April 2019) – The Offshore Technology Conference (OTC) and United Against Human Trafficking (UAHT) are proud to continue their now five-year partnership to provide awareness, education, and outreach to end human trafficking. Utilizing UAHT resources, OTC helps educate attendees and exhibitors about the warning signs of human trafficking in communications…
SAN DONATO MILANESE, Italy – Saipem has won contracts for offshore drilling with a total value of more than $200 million. One involves drilling two firm plus two optional wells for Wintershall offshore Norway, using the harsh-environment semisubmersible Scarabeo 8. The rig should start the program in 2Q 2020. This is Saipem’s first campaign for the German operator. In the Middle…
