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Posted By Admin on 9th Aug 2018   

As Nigeria Electricity Regulatory Commission (NERC) continues to come up with different strategies to revamp the Nigeria power sector, investors and consumers will be hoping the amended Multi Year Tariff Order (MYTO) 2015 will provide lasting solution to the many…

Posted By Admin on 9th Aug 2018   

Nigerian Rensource has successfully raised USD 579 K that will go into combating the electricity problem in Nigeria, in a move to help Small and Medium-Scale Enterprises replace the heavy use of fossil fuel-powered generators with solar systems. Securing the loan from…

Posted By Admin on 7th Aug 2018   

President of Ghana, Nana Addo Dankwa Akufo-Addo on Monday evening relieved a key cabinet minister of his duties, the presidency said in a statement. The August 6, 2018 statement said the president had: “relieved the Minister of Energy, Mr. Boakye…

Posted By Admin on 7th Aug 2018   

Transcorp Power, a subsidiary of Transnational Corporation of Nigeria (Transcorp), says it is targeting 800MW available capacity and generated power of 600-650MW in the near term and a medium-term capacity target of 2500MW, which would make it contribute about 25…

Posted By Admin on 6th Aug 2018   

An explosion on the Benin Electricity Distribution Company, BEDC, 60 mva, 132/33kv transmission transformer at Asaba, Delta State, has thrown numerous residents in the capital city and neighbouring communities into darkness. The management of the company in a press statement…

Posted By Admin on 3rd Aug 2018   

The Vision 20:2020 economic plan was launched in 2009 to drive Nigeria towards be-coming one of the top 20 economies in the world by the year 2020. This plan had several goals including the generation, transmission and distribution of 35,000MW…

Posted By Admin on 3rd Aug 2018   

The IFC-World Bank programme, Lighting Africa, is developing markets for off-grid lighting products and promoting their use in Ethiopia.   Since its launch in Ethiopia in 2015, the programme has enabled more than one million people to meet their basic…