Power

Nigeria electricity generation to hit 12,000mw by 2016 – Amadi

Apr 22, 2014

Sam Amadi, chairman, Nigeria Electricity Regulatory Commission (NERC), said electricity generation nationwide would hit 12,000 megawatts before the end of 2016. He disclosed this on Monday in Minna at a town hall meeting. Amadi said that this would be made possible as the commission had issued licence to private power plant operators for generation of…

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Electricity problems beyond our control – DISCOs

Apr 22, 2014

Resolution of the country’s epileptic power situation appears to be far-fetched at the moment, as the power distribution companies have disclosed that most of the factors responsible for the problems bedeviling the Nigerian power sector are beyond their control. Vanguard investigation further revealed that despite the epileptic power situation, small scale businesses are still compelled…

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Storm destroys four transmission towers in Niger

Apr 22, 2014

The Transmission Company of Nigeria (TCN) has said four transmission towers have been destroyed by heavy rainfall along Tegina-Kontagora power line in Niger state last Friday just as it says its engineers have mobilised to site for the construction of a temporary transmission bye-pass. According to a statement issued by the TCN Assistant General Manager…

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Expertise is weakest link in Nigeria’s power sector, says GE

Apr 22, 2014

Global power giant, General Electric (GE) has identified inadequate human capital as the weakest link in Nigeria’s power sector, stressing that it had built a new team that has the capacity to develop projects from ideas to fruition as part of its efforts to address the manpower challenges facing the country’s power sector. The President…

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NERC upbeat on NESI’s N1.5trn market growth projection by 2017

Apr 22, 2014

The Nigerian Electricity Regulatory Commission (NERC) has expressed hopes that Nigeria’s emerging electricity market will meet up with the projected N1.5 trillion market value in 2017, from its current value of about N300 billion. NERC is optimistic that in view of gradual influx of required finance for expansion of capacities in the sector, the Nigerian…

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Sepco-Pacific to spend $25m on Olorunsogo power plant

Apr 22, 2014

The Chairman, Sepco-Pacific Partners Limited, the new owners of the Olorunsogo Power Plant, Dr. Deji Adeleke, has said that the company will spend $25m on the maintenance and replacement of transformers at the plant. Adeleke said this when the Senate Committee on Privatisation paid an oversight visit to the plant, according to a statement made…

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Dangote Group, Honeywell, others generate 15,000mw captive power

Apr 22, 2014

Dangote Group, Honeywell, BUA Group and other cement, food and beverage manufacturing plants across the country are generating over 15,000 megawatts of electricity that are not in the national grid. This was disclosed by the President and Chief Executive Officer of General Electric (GE) Nigeria, Dr. Lazarus Angbazo, at the weekend when speaking to journalists…

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GE, Seplat, Oando and Accugas profer solution for gas to power challenge

Apr 21, 2014

General Electric, along with some Nigerian companies in the power and gas sector, is devising a solution that could improve power supply by stepping up gas deliveries to generating plants in the country. Explaining the process,  Lazarus Angbazo, president  and  chief executive officer  of General Electric  in Nigeria, said it entailed the collection of gas …

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Insufficient gas supply hampers power distribution – Official

Apr 21, 2014

The Head, Public Affairs Division of Jos Electricity Distribution Company (JEDC), Mr Paul Ikwu, has said the destruction of electrical facilities and insufficient gas supply, among others, are responsible for inadequate power supply. In an interview with the News Agency of Nigeria (NAN) in Jos Sunday, Ikwu said JEDC had, however, begun customer, meters and…

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Electricity generation drops to 1,714MW

Apr 18, 2014

Nigeria’s electricity generation has dropped to 1,714.89 Megawatts Hour/Hour (MWH/H) as at yesterday, compared with 3,563 generated in December last year, according to the current generation report by the Presidential Taskforce on Power. The country’s electricity generation was put at between 3,463.40MW 2,500MW as at March. Also, the total energy sent out as at April…

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