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Tag "GENCOs"

GenCos blame weak transmission for erratic power supply

    GenCos blame weak transmission for erratic power supply

Power generation companies (GenCos) have kicked against claims by the Transmission Company of Nigeria (TCN) that they are performing below capacity. Joy Ogaji, executive secretary, Association of Power Generation Companies, said

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Newspaper Headlines: FG may review licences of DisCos, GenCoS over poor performance

    Newspaper Headlines: FG may review licences of DisCos, GenCoS over poor performance

The reactions to the suit filed by Uche Secondus, suspended national chairman of the Peoples Democratic Party (PDP), against the party’s national convention appeared on the cover pages of Nigerian

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NLC rejects $2.18 gas price for GenCos, demands reduction to $1.5 per SCF

    NLC rejects $2.18 gas price for GenCos, demands reduction to $1.5 per SCF

The Nigeria Labour Congress (NLC) has rejected the reduction of domestic gas prices for electricity generation from $.2.50 to $2.18 per standard cubic feet (SCF), adding that the reduction “falls

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GenCos: Available power generation capacity drops to 6,000MW — from 9,000MW in 2020

    GenCos: Available power generation capacity drops to 6,000MW — from 9,000MW in 2020

Power generation companies (GenCos) say available power generation capacity dropped to 6,000 megawatts (MW) from 9,000MW. Joy Ogaji, executive secretary, Association of Power Generation Companies, (APGC), made this known on

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Reps consider bill to reserve 5% of GenCos’ revenues for host communities

  Reps consider bill to reserve 5% of GenCos’ revenues for host communities

A bill seeking to reserve five percent of all revenues accruing to power generating companies (GenCos) in Nigeria for the

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NNPC engages gas producers to boost supply for GenCos

  NNPC engages gas producers to boost supply for GenCos

The Nigerian National Petroleum Corporation (NNPC) says it is working with gas suppliers in order to deepen gas supply for

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Nigeria to sell ‘unutilised’ power to Togo, Burkina Faso

  Nigeria to sell ‘unutilised’ power to Togo, Burkina Faso

Nigeria, through its electricity generation companies (GenCos) will sell power to four West African countries. Sule Abdulaziz, acting managing director

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INSIGHT: Why Nigeria’s power sector suffers low gas supply despite huge reserves

  INSIGHT: Why Nigeria’s power sector suffers low gas supply despite huge reserves

Within the first seven days of March, the power sector lost about N6.8 billion to challenges related to insufficient gas

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Transcorp acquires 966MW Afam GenCo

  Transcorp acquires 966MW Afam GenCo

The Transcorp Power Consortium has acquired the 966 megawatts (MW) capacity Afam electricity generation company (GenCo) at N105 billion. The

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EXCLUSIVE: FG, QIPP begin negotiations on ‘take or pay’ power deal

  EXCLUSIVE: FG, QIPP begin negotiations on ‘take or pay’ power deal

After initial delays, the federal government and promoters of the Qua Iboe Power Plant (QIPP), a private generating company, have

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