Power

Electricity meter manufacturers begin to import equipment

Mar 21, 2019

Indigenous meter manufacturers have begun to import equipment for meter production ahead of the commencement of operation of the Meter Asset Providers scheme this month, Meter Manufacturers Association of Nigeria (MMAN) Executive Secretary, Muhideen Ibrahim, has said. In a telephone interview with The Nation, he said the firms, which intend to play as meter asset…

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Nigeria’s power sector loses N108bn revenue in 3 months

Mar 20, 2019

Nigeria’s power sector has lost N108.652 billion revenue between January and March due to various constraints, representing an increase of about N10.924 billion or 11.17 per cent from the revenue lost during the same period in 2018, according to the operational data obtained from the Office of the Vice President, Prof. Yemi Osinbajo. The statistics…

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NAPTIN commences training of 600 TCN engineers

Mar 20, 2019

The National Power Training Institute of Nigeria (NAPTIN) on has commenced the training of 600 engineers of the Transmission Company of Nigeria (TCN), under the joint collaboration between NAPTIN and TCN.The training of the TCN engineers is scheduled to hold simultaneously in Lagos, Kaduna and Kainji Dam in Niger State. The acting Director-General of NAPTIN…

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Themis and Kingline partner on 550MW gas fired power project in Nigeria

Mar 19, 2019

Themis, an Africa-focussed power company backed by Denham Capital, today announced a new partnership with Kingline Development Nigeria Limited (Kingline) to develop a 550MW natural gas-fired power plant in Ondo State, Nigeria. The Kingline Power Project is currently in its development stage with a target to proceed to financial close by Q2 2020, becoming fully…

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TCN set to acquire two surveillance helicopters for fault detection

Mar 19, 2019

The Transition Company of Nigeria (TCN) said on Monday that arrangements have been concluded by the company to acquire two new technology driven helicopters for surveillance and fixing of faults across its transmission line network in the country. The TCN chief executive officer, Usman Mohammed, said the company was only awaiting the disposal of the…

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DisCos allegedly refuse to allow NERC registered MAP firms to operate

Mar 19, 2019

Findings have shown that the electricity distribution companies, DisCos, have refused to allow some of the Meter Access Providers, MAP companies registered by the Nigerian Electricity Regulatory Commission, NERC, to operate, except those favoured by them (DisCos). In a petition to the Minister Power, Works and Housing, Babatunde Fashola, dated January 25th, written by the…

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TCN gives reason for inability to connect new GENCOs to grid

Mar 19, 2019

With over 90 million households yet to be connected to the national grid, the Transmission Company of Nigeria, TCN, yesterday, disclosed that it has been unable to connect new Electricity Generating Companies, GENCOs because of the inability of the Electricity Distribution Companies, DISCOs, to take additional load. This is coming as the National Power Training…

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NERC faults Discos’ estimated billing methodology

Mar 18, 2019

Electricity distribution companies have not effectively implemented the methodology for estimated billing issued by the Nigerian Electricity Regulatory Commission, the regulator has said. The Chairman/Chief Executive Officer, NERC, Prof James Momoh, who described the methodology as a scientific method to estimate electricity consumption, said it was aimed at bringing fairness to customers who had no…

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Nigerian SMEs still buckling under electricity pressures

Mar 18, 2019

Cost and time spent on acquiring electricity were also higher in the Less Developed Countries compared with that of High-Income Countries. However, this study is examining the effect of electricity on the performance of SMEs in Nigeria. The effect of electricity power outage on SMEs in Nigeria posited that, the current electricity crises in the…

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Indian firm FEDCO makes entry into Nigeria’s power sector

Mar 18, 2019

Feedback Energy Distribution Company (FEDCO), an Indian-based technology firm, says it has launched an indigenous high-tech Information Technology (IT) solutions system in Nigeria. Dilip Kumar, its Chief Projects Officer, announced the company’s entry into the nation’s power sector in a statement made available to the News Agency of Nigeria (NAN) in Port Harcourt on Sunday.…

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