Power

BPE, NERC to ensure power firms keep agreements

Jan 28, 2014

The Bureau of Public Enterprises has said that it will collaborate with the Nigerian Electricity Regulatory Commission to ensure that the privatised electricity distribution and generation companies comply with the agreements they signed with the Federal Government. The Director-General, BPE, Mr. Benjamin Dikki, said this at a one-day training on post- privatisation monitoring organised for…

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Power: Nigeria loses 2,994MW to gas shortage, faults

Jan 28, 2014

Shortage of gas, faults and maintenance works on plants have combined to reduce power generation in the country to 3,674.9 megawatts from the 6,668.6MW available capacity of the power stations as of Monday. Available generation records from the National Control Centre and the Transmission Company of Nigeria showed that 2,993.7MW was the quantum of electricity…

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‘Flared gas enough to solve Nigeria and Africa’s electricity crisis’

Jan 28, 2014

Representatives of Soprise Impact Organisation, an oil and gas consultancy firm based in Europe and the United States, on Monday told the Senate Committee on Gas that Nigeria was wasting about 1.1 million cubic feet of gas daily, which was capable of providing electricity to 20 million houses. The Chief Executive Officer, Soprise Impact Organisation,…

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TCN boss tasks workers on service delivery

Jan 28, 2014

The new Managing Director and Chief Executive Officer of the Transmission Company of Nigeria (TCN), Mr. Mack Kast, has charged the company’s management team to work together to meet the expectation of Nigerians in ensuring efficient delivery of its mandate of wheeling generated power to distribution companies nationwide. Addressing the members of the top management…

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Power supply worsens as Shiroro Plant shuts down

Jan 27, 2014

Nigerians are to experience inevitable shortage of power supply as current electricity generation is to drop by 300 mega watts. As a result of this the ongoing loadshedding will worsen as the generation companies have not offered any alternative in spite of the presidential directive to them. A statement issued by public affairs manager of…

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Nigeria to see over $80 billion investment in power, industrial sectors over next 5 years

Jan 27, 2014

Nigeria expects more than $80 billion in investment in the next five years to spur the West African nation’s industrial development, Trade and Investment Minister Olusegun Aganga said. China Power International Development Ltd., Siemens AG and General Electric Co. and Brazil’s Centrais Eletricas Brasileiras SA have pledged investments worth “over $50 billion alone” in the…

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CWG backs technology use to tackle power challenges

Jan 27, 2014

A leading Nigerian technology solution company, Computer Warehouse Group (CWG), has called for the use of grid and metering solutions to deal with consumer-related challenges like power theft, poor transmission and distribution planning as well as inefficiencies that had leads to high aggregate technical and commercial losses. The solution, which was recently launched at the…

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Metering exercise to commence after facility audit

Jan 27, 2014

Executive Chairman of the Nigeria Electricity Regulatory Commission (NERC), Dr. Sam Amadi, said, at the weekend, that operators of the country’s electricity distribution companies (DISCOs) would commence comprehensive metering after facility evaluations they started last year are completed. The assurance is coming amid worsening performance in several states, including Lagos, and after over a year…

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Nationwide power supply drops by 300MW

Jan 27, 2014

Nigeria’s paltry on-grid  electricity supply capacity is to drop by about 300 megawatts (MW), the Transmission Company of Nigeria (TCN) has said. TCN stated in a statement yesterday in Abuja that the unavoidable drop in the quantity of power available for it to transmit to the distribution companies would be as a result of an…

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Telcos seek alliance with Discos to cut down power cost

Jan 24, 2014

As the realities and opportunities inherent in the ongoing power reforms in Nigeria become apparent, telecommunication operators, under a strong coalition, are planning to hold discussions with distribution companies (Discos) in a bid to forge strategic alliances that would bring about secure, dedicated power supply to their 24,252 cell sites nationwide. A senior executive at…

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