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With N36trn Investment, Stable Power Supply Possible In 20 Years – Discos

With N36trn Investment, Stable Power Supply Possible In 20 Years - Discos   Electricity distribution companies (Discos) in Nigeria have said it will take about $100 billion – approximately N36 trillion, worth of investment in Nigeria’s power sector over a period of 20 years for the...

TCN Says, “FG, Discos Need $4.3bn To Improve Power Supply”

TCN Says, "FG, Discos Need $4.3bn To Improve Power Supply"   Power distribution companies require $4.3bn to recapitalise in order to effectively invest in their networks nationwide and improve electricity supply, according to a study conducted by the Transmission Company of Nigeria. TCN also stated that the...

DISCOs Struggling To Cut Loss Levels, Report Shows

DISCOs Struggling To Cut Loss Levels, Report Shows An analysis of the Average Technical Commercial and Collection (ATC&C) Loss Data obtained from the Nigerian Electricity Regulatory Commission (NERC), has shown that the 11 electricity distribution companies (Discos) are still finding it difficult to cut down...

Discos Attribute Weak Network To Low Capital Expenditure Allowance

Discos Attribute Weak Network To Low Capital Expenditure Allowance   The capital expenditure allowance approved by the Nigerian Electricity Regulatory Commission for electricity distributors is said to be too low and has been limiting the ability of the firms to efficiently expand their networks, as demanded...

AFD: Discos Need $10bn Investment To Boost Power Distribution

AFD: Discos Need $10bn Investment To Boost Power Distribution The 11 power distribution companies operating in Nigeria need $10bn worth of investments to efficiently distribute electricity across the country over a five-year period, the French Agency for Development has said. AFD disclosed this in a report...

NERC, Discos Review Third-party Meter Rollout Next Week

NERC, Discos Review Third-party Meter Rollout Next Week   The Nigerian Electricity Regulatory Commission (NERC) will next week in Lagos meet with the 11 electricity distribution companies (Discos) in Nigeria’s power sector to assess the take-off and implementation of the third-party meter deployment scheme, Meter Asset...