The management of Ibadan Electricity Distribution Company (IBEDC) has attributed the poor power supply being experienced in some parts of Ogun State and its environs to the shortfall in energy allocated from the National grid. Mrs. Angela Olanrewaju, Head, Branding and Corporate Communications of IBEDC disclosed this in a statement issued on Wednesday in Ibadan…
The Turkish company Ak-Ay Elektrik will supply electricity to 3 million people in the West African country of Nigeria through five infrastructure projects to supply transformer substations. Ulaş Aslan, deputy coordinator of Ak-Ay Elektrik’s projects, told Anadolu Agency (AA) in an exclusive interview that to date the company has completed more than 40 transformer substations…
The Transmission Company of Nigeria (TCN) said it is injecting $1.57 billion into the power transmission infrastructure to raise the electricity grid to 20,000 megawatts (MW) from 2021. The Managing Director of TCN, Mr Usman Gur Mohammed disclosed this recently when he received the Editor-In-Chief/CEO of Media Trust Limited, publisher of Daily Trust newspaper and…
The Association of Nigerian Electricity Distributors (ANED) yesterday told the Nigeria Electricity Regulatory Commission (NERC ), that it has the legal backing to speak for the Electricity Distrubution Companies (DisCos) that invested $1.4 billion in the power assets. The association in its reaction to the Communique that barred them from denigrating the Minister of Power,…
The Federal Government has awarded contracts for the reconstruction of damaged power distribution infrastructure in the Ondo South Senatorial District of Ondo State. It was gathered that the gesture was part of the efforts of the government to end the age-long electricity problem being encountered by the residents of the four local governments in the…
The Enugu Electricity Distribution Company (EEDC) has inaugurated a 7.5 MVA injection substation meant to serve 13,000 customers living in the outskirt of Enugu metropolis. At the inauguration at Amorji Nike near Enugu, the Managing Director of EEDC, Mr. Okechukwu Nwosu, disclosed that the company is committed to delivering quality power supply to its customers….
The Transmission Company of Nigeria on Thursday said it transmitted 30,936 megawatts within 11 days in September. The daily statistics of TCN’s operations obtained from Nigerian Electricity System Operator, a section of the TCN, indicated that 30,936mw was generated from September 2 to September 12. The daily power generated within the period was in tranches…
The Port Harcourt Electricity Distribution Company (PHED) on Friday appealed to its consumers in Calabar to bear with it over power outage since Sept. 11. Mr John Onyi, its Manager, Corporate Communications, said in a statement in Calabar that the outage was due to a fault at the Transmission Company of Nigeria’s (TCN) 150MVA transformer…
The Minister of Power, Works and Housing, Babatunde Fashola, has called for sustained investments in the distribution end of the power value chain in the country. Fashola made the call on Thursday, in Abuja when Mr Sherif Ismail, Assistant to the President of Egypt on National and Strategic Projects with some top Egyptian officials paid…
Crude oil futures climbed wednesday, with Brent reaching $80 per barrel, after a larger-than-expected drop in United States crude inventories and as US sanctions on Iran added to concerns over global oil supply. US crude inventories fell by 5.3 million barrels in the last week, the US Energy Information Administration said wednesday. Analysts had expected…