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Posted By Admin on 28th Nov 2017   

It is over three years since the federal government sold the major stakes in 16 power firms to private investors.Many electricity customers in the country expected more than just instant turnaround of the facilities described as rotten under the defunct…

Posted By Admin on 28th Nov 2017   

Butchers Association, Mararaba chapter, Nasarawa State has called for support from relevant authorities to connect the abattoir in the area to electricity to reduce operational cost. Lagos butchers Alhaji Umar Bayawa, the Financial Secretary of the association, who spoke on…

Posted By Admin on 28th Nov 2017   

The Federal Government has signed Power Purchase Agreement (PPA) with Mabon Nigeria Limited, which is currently executing 40 megawatts hydro-power project. The government, represented by the Managing Director of the Nigeria Bulk Electricity Trading Plc (NBET), Dr. Marilyn Amobi, said…

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.…