Power

Oil minister says FG working to improve Nigeria’s energy situation

Sep 10, 2019

The Federal Government is doing a lot to improve the energy situation in Nigeria, the Minister of State for Petroleum Resources, Timipreye Sylva, stated on Monday. Sylva disclosed this on the sidelines of the 24th World Energy Congress in Abu Dhabi, United Arab Emirates, according to a statement issued by the Nigerian National Petroleum Corporation…

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Gencos lament revenue loss over 34 grid collapses in 3yrs

Sep 10, 2019

Power generation companies (GenCos) have  lamented the frequent grid collapse across the country, noting that the nation has witnessed 34 such incidents in a spate of three years. According to the  GenCos’ bulletin,  ‘GenCos Heartbeat’, disruption as a result of grid breakdown  is antithetical to the growth of the power sector. For instance, 2016 recorded a…

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NERC Chairman optimistic about stable power supply in Nigeria

Sep 10, 2019

As Nigerians anxiously await stable electricity supply in the country, the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh, has expressed optimism that, “stable power supply in the nation will be realised in our life time.” Momoh, explained that this would take place when the metering situation in the country improves within…

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Ariaria IPP underutilized – SO

Sep 9, 2019

There are indications that Ariaria Market Independent Power Project is under utilised, says the plant station system operator of Ariaria Market Energy Solution Limited, Engr. Kelechi Nwankpa. Despite the fact that many shops have hooked up to the grid, the consumption is yet to arrive 1 megawatts out of the 2 megawatts installed capacity and…

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Benin Disco to begin metering in Asaba, Warri

Sep 9, 2019

The Benin Electricity Distribution Company has announced kick-off of meter roll out process for residents of Asaba and Warri environs in Delta State. The company vowed to ensure that the customers were enumerated to enable those without meters benefit from the ongoing Meter Asset Provider. The Managing Director of BEDC, Mrs Funke Osibodu, who disclosed…

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Siemens deal with FG will improve power sector – Eko Disco

Sep 6, 2019

The electricity deal between the Federal Government and German-based Siemens AG will play a key role in repositioning the Nigerian power sector, a top executive at Eko Electricity Distribution Company, has said. The Federal Government and Siemens signed an implementation agreement on July 26 for the Nigeria Electrification Roadmap, aimed at resolving the existing challenges…

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Eko Disco, ikeja Electric meter 893 properties in Lagos

Sep 6, 2019

No fewer than 893 locations comprising formations, properties and utilities of Ministries, Departments and Agencies have been metered by the Distribution companies in Lagos State. The News Agency of Nigeria gathered on Wednesday that the Discos — Eko Electricity Distribution Company and Ikeja Electric — have some 1,081 of such MDAs’ facilities within their networks…

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KEDCO plays down power outage, assures of improved supply

Sep 6, 2019

Kano Electricity Distribution Company (KEDCO) has dismissed a looming power outage as it assures its customers in Kano, Jigawa and Katsina of improved power supply. A statement by its spokesman, Ibrahim Sani Shawai, on Thursday said there was no outage whatsoever and specifically there was no issue of terminating the right of KEDCO in the…

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40% of Nigeria’s power generators shut over low demand

Sep 6, 2019

OVER 40 per cent of the power generation plants in the Nigeria Supply Industry (NESI) has been shut because of low demand for electricity by the distribution companies (DisCos). There are 28 power generating plants in the nation’s electricity market, 85 per cent of the power generated is from gas fired plants. Three are hydros…

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EEDC completes two projects in Imo to boost power supply in South East

Sep 5, 2019

The Enugu Electricity Distribution PLC (EEDC) yesterday announcement completion of two major projects in Imo State in line with its commitment towards improving the socio-economic state of the South East region.  EEDC said the projects, estimated at over N200 million included: a dedicated 33KV line constructed for one of the company’s industrial customer, Alex Aluminium…

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