Power

Gov. Ganduje commissions N500m electrification project in Kano

Jan 16, 2019

Kano state governor, Dr. Abdullahi Umar Ganduje, has commissioned the Gada-Biyu Electrification project, executed by his administration at the cost of over N500 million. The project is aimed at ensuring stable power supply to Gada Biyu and surrounding communities in Doguwa local government area of the state. Speaking during the ceremony, Ganduje explained that the…

Read More

NERC set to enhance liquidity, revenue gap, others in 2019

Jan 16, 2019

The Nigerian Electricity Regulatory Commission, NERC, has determined to tackle market liquidity, funding of the revenue gap and accumulated tariff deficits in this year. In a recent communiqué the commission stated: “The Commission presented a heads up on its regulatory initiatives planned for implementation in the year 2019 with a primary focus on improving market…

Read More

FG seeks N400m diesel to commission turbines for Kaduna power plant

Jan 16, 2019

The Federal Ministry of Power, Works and Housing (FMPW&H), is shopping for suppliers to procure about 1.6 million litres of diesel with N400 million budget for the eight gas turbines at the 215 megawatts (MW) Kaduna Power Plant in Kaduna State. At an average retail price of N200 per litre of diesel, the Federal Government…

Read More

Power supply to Nigerian households still inadequate – NOIPolls

Jan 16, 2019

Nigeria’s leading survey and polling firm, NOIPolls Ltd, says that its new aggregated power poll results released for 2018 showed that power supply still remains inadequate to Nigerian households. The report released on Tuesday in Abuja by NOIPolls noted that while the power sector experienced marginal improvement in 2018 (40 percent) compared with previous two…

Read More

Gencos threaten to shut down power plants over various challenges

Jan 16, 2019

Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on Monday that the recent decline in available generation capability could be traced to the various…

Read More

NERC evades Gencos’ complaints of poor settlement, impartiality

Jan 15, 2019

The Nigerian Electricity Regulatory Commission (NERC) has said it will not be involved in the constant demand by power generation companies (Gencos) in Nigeria’s electricity market to ensure the market recognises and include capacity charges in their monthly bills for payment to the market. It said, the Gencos have power purchase agreements (PPAs) with the…

Read More

TCN announces planned power outage in Lagos, Ogun

Jan 14, 2019

The Transmission Company of Nigeria has announced a planned power outage in some parts of Lagos and Ogun States on January 13 and 15 between 8am and 5pm. Ndidi Mbah, the General Manager, Public Affairs Unit, TCN, in a statement said the outage was due to an annual preventive maintenance scheduled to take place at…

Read More

NERC records 41% rise in power investors’ operational permits payments

Jan 14, 2019

The Nigerian Electricity Regulatory Commission (NERC) has said it received more money in 2017 than it did in 2016 from power sector investors who sought for regulatory permits or renew the licences they held in Nigeria’s power market. According to NERC, it received in 2017, N538.219 million from investors as payments for new permits and…

Read More

TCN receives approval to evacuate power from Mambila hydro power plant

Jan 14, 2019

The Transmission Company of Nigeria (TCN) on Monday revealed it has received an approval to evacuate power from the Mambila Hydro Power Plant. Describing the Mambila Power Project as part of the West African Power Pool (WAPP) projects, TCN CEO, Mr. Mohammed Gur Usman stated: “We have got approval to evacuate Mambila through Eastern Back…

Read More

Electricity consumers’ debt hits N62.2bn in 3 months – NERC

Jan 14, 2019

The indebtedness of power consumers to electricity distribution companies hit N62.2bn within a space of three months, the Nigerian Electricity Regulatory Commission has said. The debt was recorded in the second quarter of last year. According to NERC in its latest report on the commercial performance of the power sector, electricity users paid N111.5bn out…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...