Power

Poor transmission, gas constraint may hamper steady power supply – Peterside

Oct 9, 2013

The Chairman of the Technical Committee of the National Council on Privatisation (NCP), Mr. Atedo Peterside, has warned that if the twin problem of weak transmission and gas constraint are not addressed with dispatch, they could  hamper Nigeria’s aspiration to achieve steady power supply after the power sector privatisation. Peterside, who spoke at a recent…

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Electricity privatisation – Powers behind the new power companies

Oct 8, 2013

Following the handing-over of ownership certificates and legal documents to the 15 new investors of the new power firms drawn out of the defunct Power Holding Company of Nigeria (PHCN), electricity consumers are expecting quality service delivery from the firms. It is, hence, pertinent that the public is enlightened on the real owners of the…

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Pitfalls for Jonathan’s handover of PHCN to new owners

Oct 8, 2013

The bickering between the Nigerian Electricity Regulatory Commission (NERC) and the Transmission Company of Nigeria (TCN) degenerated penultimate Monday, the day President Goodluck Jonathan handed over Power Holding Company of Nigeria (PHCN) to new owners. NERC had, on its own, raised an alarm over the slow pace at which the TCN board was handling government’s…

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NERC generates N4.1bn revenue in Q3

Oct 8, 2013

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that it got 4.1 billion naira as Internally Generated Revenue (IGR) between the first and third quarter ending in September  2013, just as it plans to establish new zonal offices across the country. NERC chairman, Dr. Sam Amadi, disclosed this recently in Abuja during a visit of…

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How GENCOs can improve power, by experts

Oct 8, 2013

Well-located plants, constructed pipelines, a reasonable price regime, and additional investment in gas sector will help the four power generation companies to improve electricity in the country, experts have said. The experts, Supo Shadiya, Philip Ihenacho and Taiwo Afonja, who spoke at a summit with the theme: The Nigerian Gas:The backbone of Nigeria power sector…

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Deepdrill partners US power firm on non-ceramic technology

Oct 8, 2013

As Nigeria’s privatised power sector continues to attract local and foreign investment, Deepdrill Global Services in partnership with Maclean Power Systems (MPS) of the United States is introducing into the Nigerian market, world-class power solutions to eradicate incessant outages and system failures associated with out-dated generation, transmission and distribution facilities. Chief Executive Officer of Deepdrill…

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Govt okays establishment of power transformer assembly plant

Oct 8, 2013

The Federal Government has approved the establishment of an assembly plant for transformers in the country, as a strategic move to bolster power distribution nationwide. Already, a small hydro power turbine has been designed, fabricated and installed in Ikeji-Ile, Osun State and is currently awaiting commissioning. The Executive Vice Chairman of National Agency for Science…

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Ministry of Power will take up the gauntlet of rural electrification – Nebo

Oct 8, 2013

Minister of Power, Prof. Chinedu Nebo, highlighted the frantic efforts being made by government to settle PHCN workers’ outstanding severance benefits and the ministry’s new role in the post-privatisation era. Chineme Okafor presents the excerpts: What is the status of payment of PHCN workers severance benefits in view of labour’s recent threats? Every effort is…

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Extant incentives foreclose operational failures by new power assets owners – FG

Oct 8, 2013

The federal government has said extant incentives already created by it to aid the operations of the new private owners and investors in the unbundled Power Holding Company of Nigeria (PHCN) has foreclosed any excuse of operational failure by any of the companies. This is just as the Nigerian National Petroleum Corporation (NNPC) has said…

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Kano awards N1.3bn electricity contracts

Oct 7, 2013

Kano State government has awarded a N1.29 billion contract for the installation and supply of power supply network with a compact substation at Kwankwasiya City, near Kano. The Commissioner for Works and Transport, Alhaji Abba Kabir, signed the contract on behalf of the state government in Kano on Friday. Kabir said the three cities of…

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