GenCos raise alarm over nation’s weak national grid
Electricity generation companies (GenCos) in Nigeria, have again raised an alarm over the epileptic performance of the nation’s national grid. Section 15.3.1 of the national grid code states that the Frequency shall be maintained at 50 Hz. This means that the National Control Centre, overseen by the Transmission Company of Nigeria (TCN), would control the…
NBET allegedly pays five GenCos N240b for ‘darkness’
The Nigerian Bulk Electricity Trading Plc (NBET) has in five years paid N240 billion to five power-generating companies (GenCos) for electricity not allegedly used by consumers.
GenCos fault planned electricity tariff increase
The proposal to hike electricity tariff by the Nigerian Electricity Regulatory Commission (NERC), and distribution companies (DisCos), suffered another setback, yesterday, as power generation companies (GenCos), faulted the move.
NSA absent from FEC as Fashola accuses NCC of siding telcos
The crisis in the power sector took the front burner during deliberations yesterday at the weekly Federal Executive Council (FEC) meeting.
Electricity consumer group opposes N1.2tr bailout for GenCos, DisCos
The Electricity Consumer Protection Forum on Monday opposed the request by power Generation Companies (Gencos) and Distribution Companies (DisCos) for N1.2 trillion bailout from the Federal Government (FG).
Electricity workers vow to resume strike if government disregards demands
Following the one-day warning strike that threw the entire nation into total blackout on Wednesday, the National Union of Electricity Employees (NUEE) yesterday said it would not hesitate...
GenCos release 3,480 MWH of electricity to national grid
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said they released an average of 3,480 MegaWatts of electricity into the national grid on Sunday.
GenCos release 3,406 MWH of electricity to national grid
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, said they released an average of 3,406 MegaWatts/Hour of electricity into the national grid on Friday.
Nigeria’s struggle to go beyond 4,000MW, decades after independence
Two years ago, the publisher of Cable newspaper, Simon Kolawole, recounted his experience of how he picked the May 30, 1988 edition of the Newswatch magazine with a story of how NEPA’s installed generation capacity stood at 4,000 megawatts in 1988.