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...

Ogaji: Gencos Now Rely On Alternate Revenue Sources To Run Plants Electricity generation companies (Gencos) in Nigeria’s power market now rely on other sources of revenue to keep their operations running as well as to ensure that power is supplied to the national grid, the...

System Collapse: TCN To Remove Non-compliant Gencos From Grid To avert system collapse, electricity generation companies that fail to comply with the stipulated frequency control that ensures stability of the power grid will be removed from the grid, the Transmission Company of Nigeria has declared. According...

CBN’s Support To Power Sector Useless Without Reliable Data   Electricity generation companies (Gencos) operating in Nigeria’s electricity market have said that the market does not have a reliable data bank at the moment. This, according to them would greatly impair the value of various fiscal support...

Gencos’ Host Communities Demand Free Electricity Supply Host communities of electricity generation companies (Gencos) in the country are demanding steady electricity supply to them at no cost from the Gencos, the Association of Power Generation Companies (APGC) has claimed. APGC which is the umbrella trade association...

Power Gencos Gear Up For Force Majeure Over N600bn Debt Electricity generation companies (Gencos) in Nigeria’s power sector may be forced to declare force majeure on their operations anytime soon on account of accumulated debts owed them by the market since 2013, a document seen...