Power

General Electric Nigerian sales to triple on gas for power

Feb 27, 2014

General Electric (GE) will triple its sales of gas-fired turbines to emerging markets (EM) such as Nigeria, over the next three years, said GE Chief Executive Officer Jeffrey Immelt. “There’s tremendous investment in networks” to get gas from producing regions to the populations and industries that rely on the fuel, Immelt said. GE is expanding…

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NERC plans dispute resolution body for privatised power sector

Feb 27, 2014

As part of the conditions precedent for the declaration of the now postponed Transitional Electricity Market (TEM), the Nigerian Electricity Regulatory Commission (NERC) has concluded plans to constitute a Dispute Resolution Panel (DRP) soon. Already, the commission has appointed Professor Mamman  Lawan of Bayero University, Kano as the Dispute Resolution Counsellor as part of the…

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Stop buying transformers, cables, IKEDC warns customers

Feb 27, 2014

The Ikeja Electricity Distribution Company has warned its customers to desist from buying electricity equipment in their desperate bid to replace faulty facilities. It is common among electricity consumers in the country to contribute money for the purchase of faulty power equipment such as transformers and cables in order to facilitate quick repairs by the…

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Eko DISCO laments rising attacks on electricity facilities, workers

Feb 26, 2014

The management of  the Eko Electricity Distribution Company, EKEDC, has lamented the spate of vandalism of its facilities and continuous brutalisation of its workers by members of the public while discharging their legitimate duties. The company’s Assistant General Manager, Public Affairs, Mr. Godwin Idemudia, said the company was deeply worried over the daily attacks on…

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Electricity consumers groan under lingering outages

Feb 26, 2014

Despite the Nigerian National Petroleum Corporation’s (NNPC) efforts in ensuring regular supply of electricity through its current repairs of the vandalized pipelines, power supply in the country remained epileptic, with business operators and other stakeholders lamenting the lingering saga. Before the take over of the electricity firms by new investors in November last year, there…

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Group tackles NERC, DISCOS over high service charge, estimated bills

Feb 26, 2014

A group, PowerUpNG, which advocates for fair electricity distribution and billing, has condemned the high electricity bills being imposed on Nigerians by the various DISCOs in the country, saying they were exploiting the people. The group, though in support of privatisation of electricity distribution for better performance, also condemned the system of estimated billing  being…

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Power distribution firms owe govt – NERC

Feb 26, 2014

Of the 11 electricity distribution companies in the country, only three have so far remitted to the Federal Government money due it, the Nigerian Electricity Regulatory Commission has said. According to NERC, the development is in spite of the commendable improvement in revenue collection by the companies. The commission, in a document on its third…

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New owners of Afam, Kaduna electricity Cos to assume control after full payment – BPE

Feb 26, 2014

The Director General of the Bureau of Public Enterprises (BPE), Mr. Benjamin Dikki, has reminded the new owners of Afam Power Plc and Kaduna Electricity Distribution Company (KEDC) that by granting them access to the companies, they were not  assuming control of the Power Holding Company of Nigeria (PHCN) Successor Companies (SCs) they  have  paid…

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IBEDC explains power outage in parts of Osogbo

Feb 25, 2014

The Ibadan Electricity Distribution Company(IBEDC) said concerted efforts are being undertaken  to restore normal power supply to some parts of Osogbo in the last five days. Explaining the reasons behind the power outage affecting the areas,management of IBDEC said valued customers have been thrown into needless power outage caused by the reckless driver. A statement issued…

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TCN targets 15,000MW evacuation capacity

Feb 25, 2014

The Board of the Transmission Company of Nigeria (TCN) has reviewed its 10,000mega watts(Mw) five-year target to 15,000Mw evacuation capacity. It has also rolled out 18 areas of priorities it intends to pursue over the next few years. TCN is under the management contract of Manitoba Hydro International ( MHI). TCN board chairman, Ibrahim Waziri, said…

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