Power

Operators anxious as NERC calls for meeting on metering

Apr 4, 2019

Anxiety has gripped firms, which applied to serve as Meter Asset Providers (MAPs) under the new metering arrangement, following the Nigerian Electricity Regulatory Commission’s (NERC’s) decision to invite them for a meeting this week. The 115 firms were in a last minutes rush to know the details of the meeting as they made frantic efforts…

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GenCos generated 4,117 MW of electricity to national grid April 1

Apr 3, 2019

Electricity Generating Companies (GenCos), comprised of gas-fired and hydro stations, released an average of 4,117megawatts of power into the national grid on Monday, a daily energy report has said. Electricity generation Stations The report, which was compiled by the Advisory Power Team, Office of the Vice President, was made available on Tuesday in Abuja. It…

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FG has increased Nigeria’s power generation to 8,100MW – VP Osinbajo

Apr 2, 2019

VICE President Yemi Osinbajo, yesterday, disclosed that the Federal Government has succeeded in increasing power generation from 4,000 megawatts to 8,100MW over the past three years. Osinbajo said this when he delivered a lecture titled: Nigeria rising: The path to prosperity, during the University of Lagos, UNILAG, 50th Convocation Lecture said: “On power, we have…

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MDAs, others electricity debts hit 5bn monthly

Apr 2, 2019

The Federal Government has ordered the metering of its ministries, departments and agencies (MDAs) as debts profile of these agencies and barracks of military and police across the country hit N5 billion monthly. New Telegraph gathered that this government’s directive is to be carried out by the newly established Meter Asset Provider (MAP) with support…

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Discos, TCN in row over legality of power market trading framework

Apr 2, 2019

Electricity distribution companies (Discos) in Nigeria’s power market are at loggerheads with the Transmission Company of Nigeria (TCN) over request by the TCN to declare a segment of the Transition Electricity Market (TEM) illegal, null and void. The controversial part of the TEM has to do with the supply of electricity to consumers under the…

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Aso Rock included under ‘Eligible Customer’ policy to ensure uninterrupted power supply

Apr 1, 2019

The federal executive council (FEC) has approved the inclusion of the presidential villa in the eligible customer policy to ensure uninterrupted power supply to the villa. In a statement on Friday, Hakeem Bello, special adviser on communications to Babatunde Fashola, minister of power, said the approval is aimed at achieving improvement in the electricity supply…

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FG has approved execution of multiple power projects – Fashola

Apr 1, 2019

The Federal Government has approved the execution of several power projects aimed at achieving more improvement in electricity distribution in the country. The Minster of Power, Works and Housing, Mr Babatunde Fashola, said this in a statement issued on Friday in Abuja by Mr Hakeem Bello, his Special Adviser on Communications. Fashola said principal among…

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It’s impossible to meter all electricity consumers without reflective tariffs – Sahara Power MD

Apr 1, 2019

Kola Adesina, the Group Managing Director (GMD) of Sahara Power Group, owner of Egbin Power Plant in an interview with Daily Trust, has said that until the nation launches cost-reflective pricing regime for electricity consumption, it will be almost impossible to meter the way Nigerians desire to be metered. He said; “The pre-paid meter is…

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Benin DisCo connects Edo community to national grid

Mar 31, 2019

The BEDC Electricity Plc (BEDC) has connected Omozogie Uteh community in Ikpoba Okha Local Government Area of Edo State to the national grid after years without electricity supply. The commissioning of the sub-station which started with a town hall meeting organised by the community had in attendance BEDC management team led by the Head, Community…

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Ibadan Disco begins vegetation management around assets

Mar 29, 2019

Ibadan Electricity Distribution Company, IBEDC has said it has begun a vegetation management exercise as part of its strategy to improve power supply and prevent incidences of fire, electrocution and other safety hazards in some states. Mrs. Angela Olanrewaju, Head, Media Communications and Strategy of the company said in a statement on Thursday that the…

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