Category: Power
East Africa conferences: Ethiopia to launch 2nd National Electrification Program March 27
EnergyNet Limited has announced that the co-located ‘Africa Energy Forum: Off the Grid’, and ‘Regional Energy Co-operation Summit’ meetings taking place in Addis Ababa, Ethiopia between 27 and 29 March will welcome the launch of the updated version of Ethiopia’s National Electrification Program (NEP 2.0), presented by the Government of Ethiopia. According to a statement…
Discos failed to remit N325.54bn in 10 months —NBET
By Oke Peter Power distribution companies in the country failed to remit a total of N325.54bn to the Nigerian Bulk Electricity Trading (NBET) for the electricity sold to them from January to October last year. The government-owned NBET buys electricity in bulk from generation companies through Power Purchase Agreements and sells through vesting contracts to…
African Utility Week, POWERGEN Africa partner CNN
The organizers of African Utility Week (AUW) and POWERGEN Africa, have announced a media partnership with the global news organization and broadcaster, CNN, in the run-up to the event that will hold between 14 and 16 May 2019, in Cape Town, South Africa. In a release signed by the organization’s Senior Communications Manager, Annemarie Roodbol,…
KenGen gets contract with Ethiopian Electric Power for geothermal drilling
Kenya’s Electricity Generation (KenGen) on Monday, said it secured a multi-million shillings contract to provide geothermal drilling services to state-run Ethiopian Electric Power. The power producer’s contract with East Africa’s largest power producing company is being funded by the World Bank through a loan to the Ethopian government for 7.6 billion shillings ($76.8 million), KenGen…
AfDB begins electricity cooperative feasibility studies in Nigeria, Ethiopia
The African Development Bank (AfDB) has kicked off a feasibility study to explore the potential of electricity cooperative business models in Nigeria and Ethiopia. The effort is part of the Bank’s goal of achieving universal electricity access across Africa by 2025, having realised that power shortages diminishes the region’s Gross Domestic Product (GDP) growth between…
Africa Energy Forum at 21, announces major rebranding
By Oke Peter The organizer of the longest running meeting for senior level decision makers in African energy, EnergyNet Limited has launched a new brand identity to better represent Africa Energy Forum (AEF) core values of innovation, integrity and stakeholder collaboration. The event attracts over 2,000 attendees annually to discuss the financing and development of…
1.67m electricity customers metered as at Q4 2018 –NBS
The power generation statistics for Q4 2018 reflected that a total average of 68,625 MWh of energy was generated daily by thermal power stations while thermal power stations generated an average of 27,913 MWh of energy within the same period. According to the report made available by the National Bureau of Statistics ((NBS), thermal stations…
FG committed to N701bn power generation intervention fund
Damilola Shittu – Abuja The Ministry of Power, Works and Housing has pledged commitment to pay N701 billion Payment Assurance fund to power Generation Companies (GenCos). Reacting to a media report, which claimed government would discontinue the payment, Permanent Secretary in the Federal Ministry of Power, Louis Edozien, discredited the publication, insisting the payment has…
FG’s 5,375mw inadequate for electricity consumers —Experts …Propose 180,000mw to meet national demand
Despite the Transmission Company of Nigeria’s (TCN) attainment of 5,375 megawatts, MW peak generation, stakeholders said the nation still has a long way, considering the 180,000 megawatts, MW requirement. The General Manager, Public Affairs of TCN, Ndidi Mbah, had stated in an email to Vanguard that the current capacity of Electricity Generation Companies, GENCOs had…
Valentine’s Day: Ikeja Electric celebrates with kids at Igbobi Orthopaedic Hospital
It was an atmosphere of joy and excitement at the Children’s Ward of National Orthopaedic Hospital, Igbobi, Lagos (NOHIL), when the staff of leading electricity distribution firm, Ikeja Electric Plc (IE), visited the hospital to celebrate Valentine’s Day with them. The visit, which was in line with the objectives of the company’s Personal and Corporate…