The Senate has called on the Transmission Company of Nigeria (TCN) and the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the World Bank funded NMMP Phase 2 in order to undertake a comprehensive review of the procurement criteria to prioritize local manufacturing and assembling. The Senate also mandated TCN …
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POOR ELECTRICITY: TCN Blames GENCOs, DISCOs For Grid Collapses
The electricity Transmission Company of Nigeria, TCN, has said that lack of capacity in the electricity Generation Companies, GENCOs, and the Distribution Companies, DISCOs, is the main reason for the incessant collapses in the national grid. The country’s power grid has collapsed about seven times this year, with the last …
Read More »TCN To Deploy Software To Check Grid Collapse
Transmission Company of Nigeria (TCN) says it will acquire a Supervisory Control and Data Acquisition (SCADA) to check frequent grid collapse and energy rejection by Distribution Companies (DISCOs). Mr Ekere Nsima, the Chairman, Governing Board of TCN, said this during a visit by the board to its warehouse and some …
Read More »CENTURY POWER CEO CALLS FOR COST REFLECTIVE ELECTRICITY TARIFF IN RESOLVING POWER CRISES IN NIGERIA
The Managing Director/CEO, Century Power Generation Ltd, Dr. Chukwueloka Umeh has said that the total deregulation of the power sector will motivate investors to put money into all areas of the broken value-chain which will ensure that consumers enjoy quality power supply. Dr. Umeh who was speaking at a virtual …
Read More »Energy experts want market forces to determine price of power
Industry leaders in the energy sector have called on the Federal Government to allow market forces to determine the price of power rather than the present system of price-fixing by the National Electricity Regulatory Commission (NERC). They were speaking at the 2019 Energy Sustainability Conference which held in Lagos. The …
Read More »Power cut looms as generation falls to 3,390MW
The nation’s power generation dropped to 3,390.7 megawatts on Monday as seven plants, including three built under the National Integrated Power Project, sat idle. Electricity generation has been hovering around 2,600MW and 3,800MW as of 6.00 am every day since the start of this month, according to data obtained by …
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