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Posted By Admin on 2nd May 2019   

About $4.3trillion capitalisation fund is required by the 11 power Distribution Companies (DisCos) in the country to effectively distribute generated power to the last destinations, the Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed, has…

Posted By Admin on 2nd May 2019   

The National Council on Privatisation (NCP) on Tuesday declared Transcorp Power Consortium as the winner of the financial bid for the privatisation of Afam Power Plc. The chairman of the technical committee of the NCP, M.K. Ahmed, announced Transcorp Consortium…

Posted By Admin on 2nd May 2019   

Nuclear power in Iran has struggled to gain a foothold, with the country dogged by political power struggles, international sanctions, and significant scrutiny of its nuclear program for decades. The country has one operating nuclear reactor, Bushehr 1, a 1,000-MW…

Posted By Admin on 30th Apr 2019   

The  World Bank has approved an International Development Association (IDA) fund of $150 million and another $74.7 million contingent recovery grant from the Clean Technology Fund to help increase off-grid electricity access for people in West Africa and Sahel regions. The…

Posted By Admin on 30th Apr 2019   

Transmission Company of Nigeria (TCN) says power generation has reduced due to emergency maintenance by Nigerian Gas Company (NGC) on the pipeline supplying gas to Egbin, Omotosho, Olorunsogo and Paras power stations. Mrs Ndidi Mbah, TCN’s General Manager, Public Affairs…

Posted By Admin on 30th Apr 2019   

Industry stakeholders have endorsed three comprehensive sectoral Nationally Appropriate Mitigation Action (NAMA) technology plans for renewable energy resources – solar, wind and biomass. The experts also validated the draft report from the international consultant on development of Monitoring, Reporting and…

Posted By Admin on 29th Apr 2019   

The economy of Nigeria, over the weekend witnessed a major setback as consumers – individuals, households, companies and others experienced prolonged power outages, following a huge drop of power supply from 4,000 megawatts to 2,039 mw. An authoritative report obtained…