Power

Fire engulfs 150MVA TCN transformer in Edo

Jun 30, 2019

Fire on Sunday destroyed 150MVA transformer belonging to the Transmission Company of Nigeria (TCN) at the 330/132/33KVA substation along Sapele Road, Benin. A staff of TCN, who spoke on condition of anonymity, said the fire started at about 8a.m on Sunday morning, adding that the cause of the fire was not yet known. An eyewitness,…

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AEDC gives reasons for power outages during heavy rainfall

Jun 30, 2019

The Abuja Electricity Distribution Company (AEDC), says that it cut-off electricity supply most times when it rains to save lives, properties and to protect its equipment. Mr. Oyebode Fadipe, AEDC’s General Manager, Corporate Communications gave the explanation while speaking with the News Agency of Nigeria (NAN) on Sunday in Abuja. Fadipe, was reacting to complaints…

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In response to suspension, Ikeja Electric seeks more time to raise security cover value

Jun 28, 2019

The Ikeja Electric, IE, has requested for extension of time to enable it meet its Security Cover obligation to the Market Operator, MO. The Disco, which is reacting to the publication issued by the MO suspending it from the electricity market, however explained that it actually provided a security cover to the MO as stated…

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KEDCO to adopt innovations capable of improving Nigeria’s power sector

Jun 28, 2019

The Managing Director of Kano Electricity Distribution Company (KEDCO), Dr Jamilu Isyaku Gwamna, has said the company would embrace all the innovations needed to improve the future of power in Northern Nigeria. Gwamna during an interactive session at the sidelines of a workshop on power sector in Abuja recently said without detailed research power sector…

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Enugu Disco concerned over TCN’s handling of security

Jun 28, 2019

The Enugu Electricity Distribution Company (EEDC) has expressed concern over the way the Transmission Company of Nigeria (TCN) is handling the issue of security cover due to be posted by the disco. The Disco, which stated this in a letter to the TCN that was signed by its Deputy Managing Director, also urged the transmission…

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FG clears Nsukka power substation’s twelve year hurdle

Jun 27, 2019

The people of Enugu State, Nsukka axis, have lauded the Federal Government for intervening in clearing the right-of-way issues leading to the completion of the Nsukka power project after it was abandoned for 12 years. The 30MVA Nsukka Transmission Station was energized on the March 20, 2018 after its completion in 2013. However, it was…

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TCN plans demolition of buildings on RoW in Ogun

Jun 27, 2019

Many communities in Ogun State are under threats of having their buildings demolished for erecting them on the Right of Ways (RoWs) of the Transmission Company of Nigeria(TCN), it was learnt. The affected communities: Papalanto, Ibogun, Ogijo, Sagamu (Ogun State) and Badagry (Lagos State) will, however, be compensated, as TCN is finalising plans to that…

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CPC condemns group disconnection of power consumers by Discos

Jun 27, 2019

The Federal Competition and Consumer Protection Commission (FCCPC) has condemned the widespread disconnection of electricity consumers by the electricity distribution companies (DisCos) and called for increased metering to curb estimated billings. The Commission’s Chief Executive, Babatunde Irukera,  said this at the customers’ engagement Town Hall meeting on electricity at Eko Electricity Distribution Company (EKEDC) in…

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Discos give reasons for low electricity metering in Nigeria

Jun 27, 2019

The pace of metering of electricity consumers is slow because of low liquidity in the sector, it was learnt on Thursday from the Abuja Electricity Distribution Company (AEDC), General Manager, Corporate Communication, Mr. Oyebode Fadipe. He pointed out that metering is aligned with the issue of liquidity in the sector, stressing that where there is…

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NERC’s sees revenue hit N5.5bn

Jun 26, 2019

The Nigerian Electricity Regulatory Commission (NERC) generated N5,535,581,000 as revenue in last year, The Nation learnt on Monday. The cash includes operating fees on electricity-N10,531,093,000, licenses and fees-N498,931,000; and uncollectible operating fee on electricity-N5,314,443,000. According to NERC Annual Report and Financial Statements – December 31, 2018, which Deloitte & Touche Chartered Accountants audited and signed…

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