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Posted By Admin on 31st Oct 2017   

In Egypt, European solar power producer Scatec Solar and partners, announced the financial close for six solar photovoltaic (PV) power plants in the Benban solar park in Aswan in Upper Egypt. Totalling 400MW at an estimated cost of $450 million,…

Posted By Admin on 31st Oct 2017   

The interim Managing Director of the Transmission Company of Nigeria (TCN), Mr. Usman Mohammed, has disclosed that of all the infrastructure projects that were procured but abandoned and left to rot away over the years, those contracted by the TCN…

Posted By Admin on 31st Oct 2017   

The Electricity Distribution Companies (DISCOS) have revealed that they lost equipment worth over N500 million to electricity equipment vandals in the first ten months of 2017, The Sun reports. While the head, Technical Services of the Abuja Electricity Distribution Company (AEDC), Saidu…

Posted By Admin on 30th Oct 2017   

The federal government has approved the Power Purchase Agreement (PPA) negotiated by the Nigerian Bulk Electricity Trading Plc (NBET) with the new investors for the Qua Iboe Power Plant to be located in Akwa Ibom State, THISDAY reports. Mobil Producing Nigeria Limited…

Posted By Admin on 30th Oct 2017   

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said that the Federal Executive Council has approved a 14-kilometre 330KVA electricity transmission line at a cost of N796.6million, Channels TV reports. Fashola briefed State House Correspondents on the outcomes of…

Posted By Admin on 30th Oct 2017   

The United States of America is making plans to improve power supply to Nigeria, Cote D’Ivoire and South Africa, through LNG development and exports, thus changing its status as a major energy importer to exporter, Vanguard reports. Rick Perry, United States Energy…

Posted By Admin on 30th Oct 2017   

The pioneer chairman, Nigerian Electricity Regulatory Commission (NERC), Dr. Ransome Owan, yesterday opened up on why there is no sufficient electricity supply from the Nigeria Electricity Supply Industry (NESI). According to him, there is no adequate power supply owing to…