Power Generating Companies (GenCos) have demanded the payment of outstanding balances for the energy they supplied to the Distribution Companies (DisCos) for over 24 months between 2015 and 2016. The Association of Power Generating Companies (APGC), in a statement by its Executive Secretary, Dr. Joy Ogaji, last weekend, listed six demands that will enable the…
The Federal Government on Tuesday put the total quantum of electricity that could not be generated and fed to the national grid at 3,721 megawatts. It said the unavailability of gas, transmission and distribution infrastructure as well as high frequency prevented the generation of over 3,700MW of electricity on August 20, 2018. The government’s latest…
The Chief Transformation and Strategy Officer of Ibadan Electricity Distribution Company (IBEDC), Iranola Ayodeji, has said that metering does not entirely solve the nation’s power challenges. According to him, there have been complaints from some metered customers on IBEDC network with respect to operations and how the meters run fast. He said most customers are…
The Transmission Company of Nigeria (TCN) may consider Public-Private Partnership (PPP) arrangement in the mix of options available to it to upgrade the capacity of Nigeria’s national grid. It was gathered that funding for the PPP option was part of the larger $486 million loan Nigeria received from the World Bank in February 2018 to…
Eko Electricity Distribution Company says it has provided 7,746 meters to its customers this year. The company also said a project to improve its estimated billing system was ongoing and would reduce cases of outrageous billing. The General Manager, Corporate Communications, EKEDC, Godwin Idemudia, said in a statement that the company had included the metering…
The Republics of Benin and Niger have paid $10.1m as electricity bill to Nigeria to avert being disconnected from their power source in Nigeria after the Federal Government threatened to disconnect debtors. It was also learnt that the countries made the payment through their respective power firms, with NIGELEC of the Republic of Niger paying…
Kaduna Electric says it lost over N50 million worth of equipment and installations to the activities of vandals across its franchise states between January and June 2018. Over 150 attacks were carried out within the period. A statement signed by the Head, Corporate Communication, Abdulazeez Abdullahi, said vandalism of their equipment and installations pose a…
The Bureau of Public Enterprises has invited Expressions of Interest from prospective investors who are interested in purchasing 60 per cent stake in Afam Power Plc and Yola Electricity Distribution Company Plc. The Head of Public Communications at the privatisation agency, Mrs. Amina Othman, confirmed this in a telephone interview in Abuja on Thursday. Othman…
In Nigeria the country’s Council of Ministers voted draft orders authorizing the ratification of two financing agreements; a loan and donation amounting to 24 billion FCFA in total. The financing is for the construction of a 330 kV and 33 kV interconnection line between Nigeria, Niger, Benin, and Burkina-Faso. The funding is made up of…
Power distribution companies say they have capacity to take and distribute 6,288.96 megawatts of electricity, refuting the Federal Government’s claim that the Discos can only handle 5,000MW. According to them, the capacity of Discos to distribute about 6,300MW was confirmed in a study conducted by the country’s power System Operator, an arm of the Transmission…
