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Posted By Admin on 16th Nov 2017   

The Nigerian government has entered into an agreement with three joint venture (JV) partners to begin the processes of executing the 3,050MW Mambilla hydroelectric power plant in the Taraba State. Through this pact the partners comprising of China Gezhouba Group Corporation, Sinohydro…

Posted By Admin on 16th Nov 2017   

The Minister of Power, Works and Housing, Babatunde Fashola has attributed the progress achieved in the power sector to ceasefire by militants in the Niger Delta. In a remarks by the minister at the 21st monthly power sector operators meeting held…

Posted By Admin on 16th Nov 2017   

The Federal Government has declared that power distribution companies (Discos) are going to start paying interest on the debt they owe the electricity Market Operator (MO) since the commencement of the Transitional Electricity Market in January 2015, The Punch reports. It was…

Posted By Admin on 15th Nov 2017   

The Minister of Power, Works and Housing, Mr. Babatunde Fashola on behalf of the Federal Government, has signed the contract for the 3,050 megawatts (mw) Mambilla hydropower project valued at $5.792 billion (about N2.096 trillion) in Taraba State, Daily Trust reports. Fashola while…

Posted By Admin on 15th Nov 2017   

ELECTRICITY consumers, especially bulk users now have an option as the federal government has approved a new policy to enable them buy power directly from the electricity generating companies, GenCos. DiscO official disconnecting lines on electric pole The policy which…

Posted By Admin on 15th Nov 2017   

Power minister, Mr. Babatunde Fashola, has disclosed that rural electrification projects seeking for funding from the Rural Electrification Fund (REF) of the Rural Electrification Agency (REA) would be able to get up to 75% of the funds they need through…

Posted By Admin on 15th Nov 2017   

The Federal Government has declared that power distribution companies (Discos) are going to start paying interest on the debt they owe the electricity Market Operator (MO) since the commencement of the Transitional Electricity Market in January 2015, The Punch reports. It was…