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Tag "Power sector"

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 commenced negotiations over a power purchase agreement (PPA) for the

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DisCos resume implementation of new electricity tariff

    DisCos resume implementation of new electricity tariff

The electricity distribution companies (DisCos) in the country have begun the implementation of the new electricity tariff. The DisCos began implementation of a new service-based reflective tariff (SRT) structure nationwide on September

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Power sector records N243bn capacity loss in 10 months

    Power sector records N243bn capacity loss in 10 months

The power sector has recorded a generation capacity loss of N243 billion from January to October. This is contained in the October 2020 electricity generation statistics released on Sunday by

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DisCos to resume implementation of new electricity tariff next week

    DisCos to resume implementation of new electricity tariff next week

Ahmed Zakari, special adviser to the president on infrastructure, says the implementation of the new electricity tariff by electricity distribution companies (DisCos) will resume next week. The DisCos began implementation

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Nigeria records all-time high electricity transmission of 5,459MW

  Nigeria records all-time high electricity transmission of 5,459MW

The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time national peak of 5,459.50 megawatts (MW).

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Niger, Benin Republic pay Nigeria $6.6m out of $13m electricity debt

  Niger, Benin Republic pay Nigeria $6.6m out of $13m electricity debt

The Nigerian Electricity Regulatory Commission (NERC) says two international customers have paid Nigeria $6.6 million out of the $13 million

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‘Mambilla won’t see light of the day’ — Taraba senator laments lack of funding for power project

  ‘Mambilla won’t see light of the day’ — Taraba senator laments lack of funding for power project

Shaibu Lau, senator representing Taraba north, says the current realities of the 3,050-megawatts (MW) Mambilla hydropower plant shows that the

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Half of electricity generated in August unutilised as GenCos lose N222bn

  Half of electricity generated in August unutilised as GenCos lose N222bn

Half of the electricity produced by electricity generation companies (GenCos) in August did not get to consumers. According to a

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NERC orders DisCos to suspend new tariff for two weeks

  NERC orders DisCos to suspend new tariff for two weeks

The Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies (DisCos) to suspend the implementation of the new tariff

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DisCos: We’ve not received directive on new electricity tariff suspension

  DisCos: We’ve not received directive on new electricity tariff suspension

Electricity distribution companies (DisCos) in the country say they have not received any directive on the suspension of the increased

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