High cost of generation, liquidity concerns, forex access threat to sector, GENCOs warn

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Power Generation Companies in Nigeria (Gencos) are raising concern over increasing costs of power generation,even as express worry on grid operations, liquidity challenges, and access to forex to fund plant maintenance and other foreign currency denominated projects.

These they said is a major threat to the electricity delivery in the country which could result in the drop in power generation.

Details later…


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