POWER

……..by Ben Ndubuwa……Shell funded impact investment company, All On, through its Demand Aggregation for Renewable Technologies (DART) program, has announced its commitment of $11 million to support 25 mini-grid projects in Nigeria.This was made known at an inaugural DART workshop with off-grid developers, commercial banks, domestic investors, and other critical stakeholders to discuss strategies to unlock local currency commercial funding ...

……warns culprits risk 7 years imprisonment…… ……….by Ben Ndubuwa……Eko Electricity Distribution Company Plc (EKEDC), has frowned over incessant vandalization of electric power equipment by customers. The company warned electricity customers to desist from vandalising and tampering with its equipment or face five to seven years imprisonment. Dr Tinuade Sanda, the Chief Executive Officer (EKEDC), made the appeal during a customer ...

The Managing Director (MD), of Oil and Gas Free Zone Authority (OGFZA), Sen. Tijjani Kaura, has hinted that the management is seeking to invest in independent power to ensure availability of green energy in free zones, thereby improving the business environment devoid of pollution for investors in free zones. He therefore noted that renewable energy will create a conducive environment ...

In what is considered a rare situation with electricity management in Nigeria, The Port Harcourt Electricity Distribution Plc, PHED, has recorded revenue of N6.3billion from electricity bills collection in the month of May 2023, the highest revenue collection ever in its history. The N6.3billion revenue according to the Port Harcourt Disco, represents 71 percent increase in collection efficiency as against ...

…….CCF can close gabs before 2023….. ………by Ben Ndubuwa……..Concessional Consumer Financing (CCF) has been identified by experts as a major step governments could take to brigde the electricity access and affordability gaps in the Sun-saharan region. CCF, they say will be adequate enough to address the gaps for over 565 million people living in the Sub-Saharan Africa who do not ...

……by Ben Ndubuwa….. The Meter Manufacturers and Assemblers Association of Nigeria (MMAAN) has commended the Federal Government over the inclusion of local meter manufacturers in the quest for economic development. MMAAN pointed out that in the recent report release with the titled “Buhari’s Footprints on the Sands of Time” stated that the nationwide rollout of electricity meters under the National ...

.. ….as Finance minister, NBET seek enabling environment, more investors…. Nigerian Bulk Electricity Trading (NBET) Plc has signed 20-year 726 megawatts Power Purchase Agreement (PPA) to improve electricity supply and attract investment. The deal was signed with Transcorp Plc. Zainab Ahmed, Minister of Finance, Budget and National Planning, said government will remain committed to improving environment for doing business in ...

Oando Clean Energy Limited (OCEL), the renewable energy subsidiary of Oando, Nigeria’s leading energy solutions provider; in partnership with the Lagos Metropolitan Area Transport Authority (LAMATA) are now set to blaze a trail with electric buses in Lagos and the entire country. Both Oando and LAMATA agreed to mark the formal commencement of operations of its electric mass transit buses ...

Nigeria’s foremost utility company, Ikeja Electric has taken customer experience to another level with the introduction of Singleview 2.0 web application. This latest version is an enhanced customer self-service package with consolidated account management features purposely designed and built for Ikeja Electric’s customers, including prepaid, postpaid, maximum demand, non-maximum demand and bilateral customers. Head, Business Innovation and Transformation, Paul Ehiagbonare ...

Outrageous billings, service interruptions and illegal disconnections topped the list of over 3.25 million complaints made by consumers to the electricity distribution companies, also known as DisCos within five years. This was as 430 employees of the companies and the third parties died from 1,528 job-related accidents within the same period. According to an analysis of the quarterly reports released ...