OUR BLOG

Get the latest insights and views on the power industry from our blog..

Posted By Admin on 13th Jul 2017   

Dynegy has signed an agreement to divest three US power generation power plants for around $300m.  The company is expected to generate aggregate sales proceeds of around $780m from the sales, including earlier announced LS Power transaction. The proceeds will be used to…

Posted By Admin on 13th Jul 2017   

Accumulated debt profile of customers under the Ikeja Electric Plc network has hit N88 billion, a development that is hindering the planned metering programme, as most its revenue are stuck with consumers who are reluctant to offset their outstanding bills.…

Posted By Admin on 11th Jul 2017   

Prime Minister, Mr Kassim Majaliwa, has expressed government keenness to expand the county’s power generation capacity by strengthening implementation of various energy projects. The Premier said that the country is currently implementing various projects to improve power supply and upon…

Posted By Admin on 11th Jul 2017   

Over N88 billion debt owed by customers and the economic downturn are responsible for the slow metering of consumers in Ikeja Electric Plc, The Nation has learnt. The firm’s Head of Corporate Communications, Mr. Felix Ofulue, said Ikeja Electric has a robust…

Posted By Admin on 11th Jul 2017   

Hulot says the move aims to bring policy into line with a law on renewable energy that aims to reduce French reliance on nuclear power to 50 percent. France currently derives close to 75 percent of its electricity from nuclear…

Posted By Admin on 10th Jul 2017   

India is emerging as a front runner in the global fight against climate change, the World Bank has said, noting that the solar power is gradually displacing coal as an energy source in the Asian country. “With a sweeping commitment…

Posted By Admin on 10th Jul 2017   

Yuri Tsitrinbaum, is the Chief Executive Officer, Lumos Nigeria, a mobile electricity service provider, who is convinced that movable power is the new revolution for Nigeria in view of the prevailing energy crisis. In this interview with ROSELINE OKERE and…