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GENCOs appoints new executive secretary

IN an effort to sharpen its focus on the electricity industry development and stakeholder engagements, Generating Companies, GENCOs, have appointed an Executive Secretary to superintend its affairs as a body under the Association of Power Generation Companies, APGC, a non-profit and non-political organisation .

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Why we can’t pay our debts to GenCos — AEDC

ABUJA Electricity Distribution Company, AEDC, has stated that its indebtedness to electricity generating companies, GENCOs, was not deliberate and blamed the development on challenges confronting the power sector.Director, Corporate Services, AEDC, Mr. Abimbola Odubiyi, in an interview in Abuja, attributed the indebtedness to systemic problem, adding however, that there are moves to address the issue.

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