Discos Owe NBET N108bn In Three Months
Despite an increase in their collection efficiency, the remittance by electricity distribution companies to the Nigerian Bulk Electricity Trading Plc (NBET) for the energy received by them dropped to 27.5 per cent in the third quarter of 2018...
NERC Encouraging Discos To Take Little Power, Gencos Says
Electricity generation companies in the country have said distribution companies are taking less power than what they (Gencos) are willing to sell because of an “obnoxious new capacity definition” introduced by the Nigerian Electricity Regulatory Commission.
The...
DisCos Record N36bn Monthly Collection, 65% Efficiency Level
Electricity Distribution Companies (DisCos) said they have improved their electricity supply revenue collection to N36 billion level monthly as the efficiency of collecting monies from their customers rose to 65 per cent.
They revealed this through the Association...
Electricity workers To FG: Review Discos’ Performance Now
Power consumers from Edo, Delta, Ondo and Ekiti states on Wednesday staged a protest against the management of Benin Electricity Distribution Company at the headquarters of the Federal Ministry of Power, Works and Housing in Abuja.
A coalition...
As Discos Reject Load, Power Generation Drops Below 4000MW
Total electricity generation in the country has remained below 4,000 megawatts in recent months as low load demand by distribution companies tops the list of factors causing idle capacity in power stations.
Data obtained from the Ministry...
Focus On N435.7bn Under-Recovery, Discos Tell NERC
The Association of Nigerian Electricity Distributors has asked the Nigerian Electricity Regulatory Commission to focus on the N435.7bn under-recovery by electricity operators in the country rather than being distracted by the activities of the body.
In a statement made...
