The Minister of Power, Abubakar Aliyu said electricity companies that fail to deliver assigned volumes will face penalties under newly agreed contracts. The step will be taken as part of measures to boost power supply in the country,...
Electricity Power Generation Companies (GenCos), blaming poor transmission and indebtedness, have called on stakeholders in the power sector to come together to resolve the current erratic supply instead of blame game. They say they are...
The Federal Government has said that it is monitoring and reviewing the operational licences of electricity generation (GenCos) and distribution companies (DisCos) following poor service delivery in the sector. The Minister of Power, Abubakar Aliyu in...
The Transmission Company of Nigeria (TCN) has suspended its Eligible Customer policy. The policy allows the Generation Companies (GenCos) to sell power directly to consumers without going through the Distribution Companies (DisCos). The Nigeria Electricity Regulatory Commission...
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. The project, expected to improve electricity interconnection among key West...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that gas supply to power generating companies (Gencos), has significantly improved and the major challenge now is that of transmission. In a...