Discos unclear over details of 50% tariff reduction

Mar 26, 2015

Over a week after the Nigerian Electricity Regulatory Commission (NERC) issued an order that collection losses should not to be passed on to electricity consumers, the distribution companies (DISCOs) are yet to know the details of the new tariff, The Nation reports. It was also gathered that the commission was yet to publish the new…

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NERC grants licence for 1,080MW power plant in Abia state

Mar 24, 2015

The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has issued an on-grid 1,080megawatts (mw) generation licence to Oma Power Generation Company Limited, Daily Trust reports. The gas-fired power plant – Oma Power, will be located at Orgwu-Ogwe, Ukwa West, in Abia State. Speaking during the ceremony at NERC headquarters in Abuja,…

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Ikeja Disco blames poor power supply on low allocation

Mar 24, 2015

The Ikeja Electricity Distribution Plc has blamed the poor electricity supply in many areas under its network on low allocation of power from the national grid, This Day reports. Customers under the network, especially those around Ikeja, Ogba and Agege areas have accused the company of epileptic supply and extortion, as they do not enjoy…

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Jonathan commissions 504MW Alaoji power plant

Mar 24, 2015

President Goodluck Jonathan on Tuesday commissioned the Phase I 504MW (Simple Cycle Gas) Alaoji Power Plant at Umuobasi-Ukwu, Abia State, The Punch reports. The plant is one of the 10 being built by the Niger Delta Power Holding Company. Jonathan, who described power as key to national development, said he would continue to work hard to move…

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2,500MW is generated from diesel, petrol, kerosene – NNPC

Mar 24, 2015

According to an analysis by the Nigerian National Petroleum Corporation (NNPC), Nigerian households and businesses generate 2,500 megawatts of electricity from petrol, kerosene and Automotive Gas Oil (AGO, popularly known as diesel), This Day reports. Speaking at a special session in the recently concluded 2015 Nigeria Oil and Gas (NOG) Conference in Abuja, NNPC’s Group…

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Julius Berger considers technical partnerships with investors in power sector

Mar 23, 2015

Engr. Detler Lubasch, Managing Director of Julius Berger Nigeria has said that the Construction giant is considering potential partnerships with credible investors willing to invest in the upgrade of Nigeria’s electricity supply systems, This Day reports. Lubasch stated this at the just concluded 2015 edition of the Nigerian Oil and Gas (NOG) conference and exhibition…

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8 Discos give bulk trader letters of credit

Mar 22, 2015

Eight electricity distribution companies out of the 11 in the country have successfully posted letters of credit to the Nigerian Bulk Electricity Trading Company Plc (NBET) for the purchase of power, The Punch reports. The Managing Director/Chief Executive Officer, NBET, Mr. Rumundaka Wonodi, told journalists recently that the bank guarantees from the eight Discos was…

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Discos speak up against tariff reduction

Mar 21, 2015

The announcement of the reduction of electricity tariff by about 50 per cent by the Nigerian Electricity Regulatory Commission is causing tension among power distribution companies, who have kicked against the move, The Punch reports. The Discos had anticipated recouping their Aggregate Technical, Commercial and Collection losses from consumers based on the provisions of the…

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Abuja power station, modular refinery delayed

Mar 18, 2015

The Managing Director, Jehata Nigeria Limited (owners of Abuja Power Station in Abaji), Jameel Jammal, has said the lack of support from banks, bureaucratic bottlenecks, infrastructural deficit in the host communities, among others, are responsible for the slow pace of work at the proposed power station and modular refineries in Abaji, the Federal Capital Territory,…

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Ajaokuta Steel 110 MW thermal power plant commences operations

Mar 18, 2015

The 110MW Thermal Power Plant of the Ajaokuta Steel Plant has finally commenced operations after months of rehabilitation by the company’s engineers, Leadership reports. The power plant commenced rehabilitation in July 2014 through a Memorandum of Understanding (MoU) with Messrs 3D Hitech Systems Ltd and has now been hooked to the National Power Grid System.…

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