Power

REA seeks Israeli support on rural electrification

Nov 28, 2013

The Rural Electrification Agency (REA) has said it is seeking the technical support of Israel to further strengthen its rural electrification projects across the country. The Chairman of the agency’s board, Senator Jonathan Zwingina, disclosed this yesterday while receiving the Ambassador of Israel to Nigeria, Amb. Uriel Palti who paid a courtesy visit to REA…

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Post Privatisation: Blackout persists

Nov 28, 2013

Nearly a month after new owners took over the assets of the Power Holding Company of Nigeria, PHCN, electric power supply has remained irregular and, in some areas, worsened. Several reasons, according to investigations, are being adduced for the power situation in the country. While it was gathered that gas supply to power plants has…

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Power generation hits 4000mw after restoration of Okpai plant

Nov 28, 2013

The Transmission Company of Nigeria, TCN, on Wednesday announced that the nation’s power generation now hovers between 3,800 mega watts and 4,000 mega watts. Mrs Seun Olagunju, TCN General Manager, Public Affairs, disclosed this to the News Agency of Nigeria, NAN, in a telephone interview. She said that the restoration of power to 4,000 mega…

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Manufacturers to sell excess electricity

Nov 28, 2013

Lafarge Cement WAPCO Nigeria Plc, WAPCO, the country’s second-biggest cement producer, plans to sell about 40 mega watts of excess electricity to help ease power shortages in Nigeria. The company, 60 per cent owned by Paris-based Lafarge SA, uses only 40 to 50 megawatts out of 90 mega watts generated by its local power plant,…

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Egbin boss explains reasons for low power supply

Nov 28, 2013

Low power generation, population explosion, lack of maintenance, low transmission, obsolete equipment, lack of meters, haphazard business models, vandalism and low funding have been identified as major factors for epileptic electricity supply in the nation. The Managing Director of Egbin Power Plc, Mr. Mike Uzoigwe, who disclosed the factors, said the nation was generating below…

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New owners of power firms complain of challenges

Nov 28, 2013

Barely 27 days after taking over the operations of successor generation and distribution companies of the defunct Power Holding Company of Nigeria (PHCN), core investors of the privatised firms have finally come up with complaints over the actual operational challenges facing them. They made their complaints known to the Nigerian Electricity Regulatory Commission (NERC) at…

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Privatisation: 90% PHCN staff cleared, says FG

Nov 27, 2013

The Minister of Power, Prof. Chinedu Nebo has said the federal government has achieved 90 percent success in the payment of workers’ severance packages and pension while revealing that a total of 40,093 workers have already received their pay. Prof. Nebo disclosed this on Monday when the Donor Coordinating Group, led by the United Nations…

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Prepaid meter scheme, a must —FG

Nov 27, 2013

Indications have emerged that the Federal Government will enforce the Credited Advance Payment for Metering Implementation initiated by the Nigerian Electricity Regulatory Commission to close the metering gap and curb ‘crazy billing’ in the power sector. The NERC Chairman, Dr. Sam Amadi, told our correspondent on Tuesday that CAPMI would continue to operate even if…

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Power station MRO market to grow as generation capacities expand

Nov 26, 2013

The maintenance, repair and overhaul (MRO) market in Nigeria is set for steady growth as several power generation plants begin expanding their capacities, according to an analysis from global growth consulting firm, Frost & Sullivan. The growth is also expected in South Africa and Zambia. The market will continue to pick up pace as the…

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Electricity market now to take off in March

Nov 26, 2013

To ensure that it serves its purpose, the take-off of the Transitional Electricity Market (TEM) has been shifted from January to March next year. The postponement, the Nigerian Bank Electricity Trading (NBET), which will over see TEM, said was to ensure that certain things were put in place. These include the coming on stream of…

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