Grid collapse: TCN seeks Gencos, Discos support to Improve Power Generation
The Transmission Company of Nigeria has requested power generation and distribution companies to improve their performance in delivering electricity to the country in order to prevent repeated grid collapses.
It, therefore, asked the Gencos and...
Power Sector Loses N420bn Annual Revenue – Gencos
The monthly shortfall in revenue remittances to the power sector stands at N35bn, the Executive Secretary of the Association of Power Generation Companies, Joy Ogaji, said on Thursday. This amounts to N420bn yearly.
APGC is the umbrella body...
FG Says Discos Fail to Utilise 1,936MW Despite Power Generation Effort
The latest data on the daily Discos load summary from the Federal Ministry of Power, shows that the 11 power distribution companies in Nigeria did not utilise a total of 1,936.26 megawatts of electricity...
In 12 Months, Discos Suffered N543bn Revenue Loss
The latest report by the Nigerian Electricity Regulatory Commission (NERC) shows that total billing to electricity consumers by the 11 distribution companies stands at N816bn.
The report also shows that out of this amount, only N370bn has been...
After Privatisation, DisCos’ Capacity Increases By 19%
The capacity of the 11 electricity distribution companies, otherwise known as the DisCos, to absorb more power generated by generating companies, GenCos, grew by a mere 18 per cent since the sector was privatised nearly nine years ago.
A...
DisCos Blame FG On Failed N100bn Subsidy After Privatisation
The Association of Nigerian Electricity Distributors (ANED) has blamed the federal government for failing to provide a N100 billion fund and other promises after the 2013 privatisation to ensure the Distribution Companies (DisCos) improve services.
According to...
