The continued poor payment for gas supply to the mostly thermal Generation Companies (GenCos) has denied Nigerians access to 6,000mw available at about 17 power stations, Daily Trust reports.
17 electricity GenCos could not generate 6,000 megawatts (mw) last Tuesday because they could not pay for gas supply. The GenCos, comprising 10 conventional thermal plants and seven other plants under the National Integrated Power Projects (NIPP) only generated 2,587mw out of their combined available capacity of 9,084mw. The plants had signed a gas supply capacity of 2,199 million metric standard cubic feet per day (mmscf/d) but produced just one third of their generation capacity.
Egbin GenCo which has capacity for 1,100mw only generated 220mw and lost a huge 880mw to the poor payment. Another 2,184mw was lost at four power plants that have not been operational in the period. Sapele Steam, Afam IV-V and Afam did not sign gas contracts due to some constraints. The plants were not operational and therefore could not deliver 1,680mw. Alaoji NIPP which has 504mw capacity did not sign for gas and also did not operate.