To Distribute 20,000MW, Discos Need To Invest $4bn By 2021, Says TCN
The Transmission Company of Nigeria (TCN) has said that electricity distribution companies (Discos) would have to invest about $4 billion over the next three years to be able to match its ongoing expansion...
Discos: We Cannot Recover N72bn Investment In Our Networks
The electricity distribution companies (Discos) in Nigeria’s power sector have cautioned the federal government against unilaterally investing N72 billion to upgrade their distribution networks, stating that they may not be able to recover it from the...
Discos: We’ve capacity To Distribute 6,288MW Of Electricity
Power distribution companies say they have capacity to take and distribute 6,288.96 megawatts of electricity, refuting the Federal Government’s claim that the Discos can only handle 5,000MW.
According to them, the capacity of Discos to distribute about 6,300MW...
IBEDC Invests N11.5bn in Power Infrastructure
The Ibadan Electricity Distribution Company IBEDC has said that more than N11. 5 billion has been invested in metering, network upgrading and rehabilitation of its network operations in the last six months.
IBEDC’s Managing Director, Mr John Donnachie disclosed this...
Tariff Will Grow By 14% With New Power Policy - Discos
The Eligible Customer policy introduced by the Federal Government in the power sector will lead to a 14 per cent increase in the electricity tariff payable by residential consumers across the country, power distribution...
Discos: FG Appoints TCN To Manage N72bn Planned Investment
The federal government has appointed the Transmission Company of Nigeria (TCN) to manage the N72 billion investments it plans to sink into the 11 electricity distribution companies (Discos) to upgrade their distribution infrastructure and networks.
TCN has...
