Egbin Power Plc
‘Egbin targets 1320MW by February end’
Egbin Power Plc is set to increase generation capacity to 1,320 Megawatts (MW) from its current strength of 1,100MW by the end of February, the Group Managing Director (GMD) Sahara Power Group (SPG), Kola Adesina, has declared.
More hurdles to attaining regular electricity supply in Nigeria
Nigeria has about 11,165 Mega Watts (MW) of electricity generating capacity, out of which only about 25 per cent is available and operational due to gas constraints.Again, about seven per cent of the generated electricity is lost across the transmission network.
Egbin to construct N432 billion power plant
Egbin Power Plc has unveiled plans to invest $1.2 billion (N432 billion) for the construction of 1,575 Mega Watts in Nigeria.The plant which is expected to be completed by 2020, is expected to increase the supply of electricity to homes and businesses in the country,
Egbin to double capacity to 2,200MW by 2020
Egbin Power Plc has unveiled plans to double capacity from the current 1,100 Mega Watts (mw) to 2000MW by 2020.The company made this disclosure in its maiden sustainability report released....
FG owes Egbin power station N86 billion
Dallas Peavey, the Chief Executive Officer, Egbin Power Plc, has said the company is highly constrained by more than N86 billion debt owed it by the Federal Government. Mr. Peavey made this known in Lagos on Saturday during the company’s scholarship award programme to schools within Ijede community in Lagos State. He appealed to the…
The energy sector financing burden
Pity Nigeria’s energy supply sector! Burdened by mounting debts and inability to secure required component spare parts, the electricity generating companies may be on the verge of shutting down operations ...