The Managing Director, Niger Delta Power Holding Company (NDPHC), Mr Chiedu Ugbo, has said that a $5.6 billion (about N1.76 trillion) sales offer has been made for the 10 National Integrated Power Plants (NIPP) plants built with $4bn (about N1.25trn) investment. Mr. Ugbo said the...

The shutdown of seven power plants across the country has led to a total electricity load loss of 1,899.7 megawatts. According to the latest industry data on sector reforms/activities, four plants belonging to the National Integrated Power Projects are shut, while others have remained non-functional...

The Acting Director General of the Bureau of Public Enterprises (BPE), Mr. Vincent Akpotaire, has explained why the thermal power plants failed to generate the expected megawatts. He said the non-availability of gas supply to the 10 plants under the National Independent Power Projects (NIPP)...