Rickety infrastructure, huge debt burden threaten power sector
Except prompt actions are taken, the country’s power sector may soon grind to a halt. No thanks to the over N1t debt owed power generating companies popularly known as GENCOs...
Power sector loses N108 billion in first quarter
Nigeria's power sector lost about N108 billion during the first three months of this year due to several constraints inhibiting the regular supply of electricity in the country.
Power sector loses N540b to gas, water, transmission
Nigeria’s electricity sector lost more than N540 billion to series of constraints that beset its operations in 2017, which made it difficult for the operators to supply the needed power to consumers.
Electricity generation declines to 1,360mw
The Nigerian electricity sector recorded the lowest generation of 1,360 megawatts (mw) on October 15, 2017, according to the daily generation report from the Transmission Company of Nigeria.
Nigeria’s electricity generation drops to 2,775mw
Nigeria’s power generation has dropped from the 4,500 Megawatts (MW) recorded in June, to 2,775.8MW on July 24, 2017.The Nigerian Electricity System Operator, an arm of the Transmission Company of Nigeria (TCN), which made this known in it operational report released on Wednesday....
Power sector loses N7.60b to gas, transmission, distribution hiccup
Furthermore, due to lines constrains, available power generated cannot be completely evacuated by the Transmission Company of Nigeria (TCN), while the transmitted megawatts cannot be distributed by the Distribution Companies (DisCos) to the end users.
Ten electricity plants shutdown in one day
The Nigerian Electricity Supply Industry (NESI), has disclosed that about 10 power plants were shut down on June 23, due to gas constraints, transmission line challenges, routine maintenance and frequency management.
NERC to set recapitalisation guideline for power sector investors
The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector.
Electricity generation rises to 4,303MW
Electricity generation yesterday rose to 4,232.6 Megawatts (MW), an appreciable improvement from the 3,500 MW recorded in the last two months, according to the daily electricity generation report from the Transmission Company of Nigeria (TCN).