Electricity

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Let there be light, except in Nigeria

The DISCOS and GENCOS from all appearances, are bankrupt companies which need to be taken over; pouring huge sums of money into them is like pouring water into a basket

Edo to enjoy 24hrs electricity in six months – Obaseki

GOVERNOR Godwin Obaseki of Edo State, yesterday, assured residents of the state that a section of the state would, in the next six months, begin to enjoy 24 hours electricity supply following a Memorandum of Understanding, MoU, between the state government and an Independent Power Project, IPP, to generate five megawatts of electricity.

6 GENCOs generated zero electricity in 1 week

The challenges bedevilling the power sector appear worsening as the Transmission Company of Nigeria, TCN, through the daily operational report of the National Control Centre, NCC, yesterday, reported that six power generating companies, GENCOs, failed to generate power in seven days.

IBEDC to invest $400m in metering programme, network infrastructure

THE Ibadan Electricity Distribution Company (IBEDC) said it has attracted $400 million investment from Trans Sahara Consortium to fund its planned installation of smart metering programme, infrastructure upgrade within the distribution area of the company, and put a stop to energy theft which is a huge revenue drain in the sector.

Electricity: TCN silent over GENCOs’ accusation

The Transmission Company of Nigeria, TCN, appears to have agreed to the latest allegation made by the generation companies, GENCOs, about the non utilisation of power being generated.

Electricity: Broken agreement impedes performance

Nigeria’s quest for regular power supply may not be achieved in the nearest future as the distribution companies, DISCOs, still battle to cope with several failed expectations from the underlying agreement behind the electricity industry performance milestones.

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