Category: Power
FG has boosted Abia power supply with 7,000 megawatts —Fashola
By Energy Worth Minister of Power, Works and Housing, Mr Babatunde Fashola has disclosed the boosting of Umuahia Sub-station with 7, 000 megawatts. He said the expansion of the sub station with 40MVA transformer, has increased its transmission capacity from 80MVA to 120MVA. In a statement yesterday in Abuja, Fashola said the Federal Government was…
Dan Agundi 60 MVA Transformer is working —TCN
The Management of Transmission Company of Nigeria (TCN), has denied that the newly installed 60 MVA transformer in Dan Agundi Substation in Kano broke down two days after installation as reported in the Nation Newspaper on-line platform credited to Mr Sani Bala Sani, Head, Corporate Communications, Kano Electricity Distribution Company. In a release by the…
AFAM III Fast Power, Gbarain, Alaoji Power Plants to begin operations soon
By Energy Worth Four power generation plants capable of adding 1,262MW of electricity to the power grid have been primed to commence operations soon, operators of the facilities have disclosed. Three of the plants, under the National Integrated Power Projects (NIPP), currently being managed by the Niger Delta Power Holding Company (NDPHC), would be fired…
Discos’ huge debts threaten NBET’s N701bn power fund
There are strong indications that the N701 billion payment assurance facility secured by the Nigerian Bulk Electricity Trading Plc (NBET) for power generation companies (Gencos) in Nigeria may not last up to the 24 months disbursement timeline it was originally planned for. This is because of the poor financial remittances of the 11 electricity distribution…
Tbea Energy to build 400MW power plant in Delta
A company, Onose Tbea Energy Limited registered in Nigeria and determined to stop poor power supply in the country is set to build a 400MW Combined Power Plant at Ekrokpe and Ekrejegbe communities in Ughelli South Local Government Area of Delta State. In a statement made available to newsmen by the Managing Director of the…
Huge debts hampers Nigeria’s electricity market growth
By Energy Worth There are strong indications that debts are piling up in the Nigerian Electricity Supply Industry (NESI) as only four of the country’s 11 distribution companies, Discos, paid for supplies of power they received for transmission to their customers from the generation companies, GENCOs in January 2018. Information available to this website indicated…
WAPP to connect Nigeria, Benin Republic, others with transmission line
The West African Power Pool (WAPP), on Wednesday, announced plans to begin construction of Nigerian component of the North core transmission line that will connect Nigeria, Benin Republic, Niger and Burkina Faso. The Chairman of WAPP, Mr Mohamnmed Gur-Usman, said this in Abuja, while responding to questions on the sidelines of a meeting organised to…
Edo govt partners Azura Power on new projects
Edo State governor, Mr Godwin Obaseki, has said the successful partnership between the state government and developers of Edo Azura Power Project has further demonstrated how much other investors can achieve if they invest in the state. Godwin Obaseki made the submission during an interview with journalists in Benin City, Edo State capital, noting, “The…
NBET owe Gencos N42 billion —Report
The indebtedness of the Nigerian Bulk Electricity Trading Plc (NBET) to electricity Generation Companies (Gencos), has reached N42.15 billion as at January 2018. NBET was only able to pay the GenCos ₦6.08 billion out of the ₦48.23 billion for the January invoices, which represents 12.62 per cent of the total obligation. NBET, which is charged…
FG to increase electricity export to 1,540MW by 2025
Energy Worth with Agency Report Export of electricity to two neighbouring countries, Niger and Benin Republics, from Nigeria is expected to increase to 1,540 megawatts by 2025 from 387mw in 2020, according to a document obtained from the Ministry of Power, Works and Housing. The document, entitled: ‘Transmission Expansion Plan’, revealed that 780MW and 760MW…