Category: Power
US gives boost to Korea’s $1bn electricity project in Africa
The United States government has further shown commitment towards the Republic of Korea’s $1 billion contribution to boost electricity supply to African countries, as a way of ensuring that the dream to light up the African subregion becomes a reality. An indication to this emerged on Wednesday in Washington, during an ongoing United States/Korea reporting…
Sensational reporting affecting power sector investment —NBET boss
Damilola Shittu – Abuja The Managing Director / CEO of Nigeria Bulk Electricity Trading Plc (NBET), Marilyn Amobi, has charged journalists to ensure responsible and balanced reportage of the power sector in order to grow the industry. Amobi who made this know in Abuja, while receiving the executives of the Nigeria Union of Journalists (NUJ)…
TCN begins construction of $170m ‘Abuja Feeding Scheme’
The Transmission Company of Nigeria (TCN) has disclosed that it has begun the execution of the $170m power transmission project called the ‘Abuja Feeding Scheme’. The revelations were made by the Managing Director of TCN, Mr. Usman Mohammed during the ground breaking ceremony for the projects in Abuja. “The main purpose of this project is…
NERC issues permits to meter providers of four Discos
Damilola Shittu – Abuja The Nigerian Electricity Regulatory Commission (NERC) has issued permits to Meter Asset Providers to provide meters to customers who receive electricity supply from four power distribution companies. According to NERC, the permits were issued to meter asset providers that are to supply meters to customers in the franchise areas of Port…
Our cars will be self-driving soon —Telsa
By Michael J. Coren Elon Musk stood up in front of a room of investors today (April 22) to announce the era of the self-driving car had arrived—at least for Tesla. At “Autonomy Investor Day,” the Tesla Chief Executive Officer (CEO) said it had developed its own self-driving chip designed specifically for Tesla vehicles, and…
Easter holiday: Ikeja Electric assures customers of efficient service delivery
In a move that demonstrates its readiness to deliver efficient services to customers, leading Electricity Distribution Company, Ikeja Electric Plc (IE), has assured customers across its network of its commitment to ensuring hitch-free services during the Easter holiday. In a release signed by the company’s Head of Corporate Communications, Felix Ofulue, Ikeja Electric wishes its…
Portugal Prime Minister to address investors at 21st Africa Energy Forum in Lisbon
Prime Minister of Portugal, His Excellency António Costa, has confirmed to meet investors at the Africa Energy Forum (AEF) at the Lisbon Congress Center, Lisbon, Portugal from 11-14th June 2019. According to a release signed by EnergyNet’s Head of Marketing, Amy Offord, Energy Secretary, João Galamba, will also present the tender process for 1.35GW (2019)…
Niger begins construction of $167m Kandadji Hydroelectric dam
Construction process of the Kandadji hydroelectric project on the Niger River set to cost US $167m, has been officially launched by President of Niger, Mahamadou Issoufou and works has commenced. President Mahamadou Issoufou, who has been personally following this project since the eviction of the Russian company Zarubezhvodstroy which had proved unable to carry out…
System collapse: Power generation drops to 1,675MW
By Oke Peter The nation’s power generation fell to a record low on Tuesday following the collapse of the national grid on Monday night. Data from the Nigeria Electricity System Operator (NESO), an arm of the Transmission Company of Nigeria (TCN), stood at 1,675MW as of 6.00 am on Tuesday. “System disturbance: This is to…
FG shortlists four firms for Afam Power, Yola Disco’s sale
Damilola Shittu – Abuja The Federal Government has given its nod to three firms to proceed with the financial bids opening in the bid to acquire Afam Power Plc, an electricity generation company. It has also given approval to one firm, Quest Electric Nigeria Limited, to proceed with financial bid opening for Yola Power Plc,…