Power crisis deepens as GenCos receive 4.7% of invoiced amount
The liquidity crisis in the Nigerian power sector has worsened with generation companies (GenCos) receiving 4.68 per of their monthly i
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When will our national greed collapse?
A great deal of political doublespeak has been going on about our national grid, the network of power stations, power-lines and electricity infrastructure that allows electricity to be generated, transported and used
Pandora’s box
Reports say the collapse occurred on Monday. The darkness had been creeping in for months, with authorities managing the sector seemingly dropping hints that it was on the way
Power plants require $4.78bn as forex challenges cripple generation
Worsening foreign exchange crisis in Nigeria and ramping down of power generating machines, which have reportedly downed about 14 power plants, has pushed maintenance cost of electricity generation companies (GenCos) to about
Amid costly diesel, grid collapses 24hrs after Gencos’ warning
Barely 24 hours after generating companies warned of idle capacity and mounting debts, Nigeria’s electricity grid, yesterday, plunged for the umpteenth time...
GenCos plan to export more electricity as WAPP improves transmission networks
Electricity generating companies ((GenCos) in Nigeria are planning to export more electricity to the West African bloc as hope rises for a 330 KV transmission project.
NERC reads riot act to generating companies
The Nigeria Electricity Regulation Company (NERC), has warned the Association of Power Generation Companies (APGC), against what it described as consistent acts of disrespect.
NERC reads riot act to generating companies
The Nigeria Electricity Regulation Company (NERC), has warned the Association of Power Generation Companies (APGC), against what it described as consistent acts of disrespect.
Nigeria can generate 30,000MW of electricity by 2030, say GenCos
Electricity Generation Companies in the country (GenCos) have said Nigeria can generate 30,000 megawatts of electricity, meeting an earlier target set by the Federal Government.
Nigeria can generate 30,000MW of electricity by 2030, say GenCos
Electricity Generation Companies in the country (GenCos) have said Nigeria can generate 30,000 megawatts of electricity, meeting an earlier target set by the Federal Government.
Power ‘stressing out’ under unsustainable cash flow challenge
Despite the intervention of Central Bank of Nigeria (CBN) and Nigerian Electricity Regulatory Commission (NERC) to address the liquidity crisis rocking Nigeria’s electricity market, the sector continues to struggle under heavy debt.