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Posted By Admin on 27th Nov 2017   

Data from the Nigeria Bulk Electricity Trading Plc (NBET) has shown that the 11 electricity Distribution Companies (DisCos) paid N13 billion to 22 Generation Companies (GenCos) as they owe another N29.5bn for August’s energy billing, Daily Trust reports. In a publication yesterday,…

Posted By Admin on 27th Nov 2017   

The Electricity Distribution Companies (DisCos) yesterday explained that the notice they jointly sent to the Bureau of Public Enterprises (BPE) was not a declaration of force majeure, The Nation reports. A statement endorsed by the Association of Nigerian Electricity Distributors (ANED) Executive…

Posted By Admin on 27th Nov 2017   

A policy reform document and its action plans for the period of its execution, indicates that only serious or credible developers amongst the 14 that signed power purchase agreements (PPAs) for solar power plants in the country, would conclude extant…

Posted By Admin on 24th Nov 2017   

Bosch, a German supplier of technology and services, has concluded plans to expand its business operations in Nigeria over the next three years, The Punch reports. The Managing Director, Bosch Nigeria, Ghislain Noumbessy, gave this indication at a press briefing on Tuesday.…

Posted By Admin on 24th Nov 2017   

Dr Akinwumi Adesina, President, African Development Bank (AfDB), says the bank would invest 12 billion dollars in the power sector in Africa in four years with the goal of leveraging on the aviation sector, Daily Trust reports. Adesina said the aviation sector…

Posted By Admin on 24th Nov 2017   

The Manufacturers Association of Nigeria (MAN) has signed a memorandum of understanding (MoU) with Geogrid LighTec Limited, a privately held independent power generation company to deliver 15 megawatts (mw) off grid power to the association, The Guardian reports. The Vice President, North…