GenCos’ N4trn debt: FG pledges cash payment, promissory notes
As part efforts to avert imminent collapse of the power sector, the Federal Government has pledged immediate action to reduce the N4 trillion debt owed to power generation companies, GenCos.
Senate probes GenCos, DisCos over unsteady power supply
The Senate has mandated its Committee on Power to investigate the activities of power generating and distribution companies to unravel the cause of unsteady power supply in Nigeria. The investigating committee has four weeks within which to submit its report to the Senate for consideration. The decision by the upper chamber to probe power generation, […]
GenCos threaten to shut down power generation supply
The Power Generation Companies (GenCos), have threatened to shut down power generation supply if pressing issues in the sector are not addressed. The GenCos spoke through the Executive Secretary, Association of Power Generation Companies (APGC), Dr Joy Ogaji at a news conference in Abuja on Sunday. Ogaji explained that the main reason for considering to […]
Electricity: GenCos fail to generate 2,238.5 megawatts due to gas shortage
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said that they could not generate 2,238 megawatts of electricity on Thursday due to unavailability of gas. This is contained in a daily energy report by the Advisory Power Team, office of the Vice President, a copy of which was obtained by the News Agency of […]
GenCos fail to generate 3,133.9 megawatts due to unavailability of distribution infrastructure
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 3,133.9 megawatts of electricity due to unavailability of distribution infrastructure on Thursday.
GenCos release 3,742 MWH of electricity to national grid
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,742 MegaWatts/Hour of electricity into the national grid on Thursday. This is contained in a daily energy report by the Advisory Power Team, the office of the Vice President a copy, made available to News Agency of Nigeria (NAN), in […]
