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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…

Posted By Admin on 14th Nov 2017   

The federal government on Friday signed an agreement with a consortium of three Chinese companies to build the 3,050 megawatts Mambilla hydro power project located in Taraba State within six years. The project which is expected to cost $5.79 billion…

Posted By Admin on 14th Nov 2017   

The Chief Executive Officer (CEO) of the Association of Nigeria Electricity Distributors (ANED), Mr Azu Obiaya, has said that a build up of shortfalls has led to the electricity distribution companies (DisCos) piling up a loss of N892.4 billion, The Nation reports.…

Posted By Admin on 14th Nov 2017   

Mr. Frank Li, Managing Director Huawei Technologies Nigeria, while speaking at the ongoing AfricaCom 2017 conference in Cape Town, South Africa, has said the solution to the serious electricity supply challenges facing mobile operators looking to expand their network coverage…