POWER

Power Generation Companies (Gencos) have listed some issues affecting operators and investors in the Nigerian Electricity Supply Industry (NESI), which they want the next president to pay priority attention to.Executive Secretary of the Association of Power Generation Companies (APGC), Dr Joy Ogaji, said the next administration should clear the Gencos’ N1 trillion outstanding debt, which they are being owed for ...

AEI and Partners offer 13 free sponsorship slots to Indigent Students on Solar TechnologyCall for Sponsorship from corporate organizations to sponsor skills acquisition in Solar Technology The Federal government through the National Board for Technical Education (NBTE) in Nigeria with ASTEVEN Energy Institute and other energy stakeholders in the Nigerian Renewable Energy Industry, earlier yesterday gathered to insist on the ...

L-R, Mrs Chioma Omolaye, an Educator and Pioneer of STEM Show; Engr. Chariotte Essiet, Director of Corporate/Regulatory Affairs, AOS Orwell Ltd; Engr Adeoye Fadeyibi FNSC, MD/CEO Abuja Electricity Distribution Company; Mrs Folake Soetan, Chief Executive Officer, Ikeja Electric; Mrs Uche Uzoebo, Chief Distribution & Stakeholder Engagement Officer SANEF during the celebration of Internation Women’s Day by Ikeja Electric. A leading ...

In the light of recent incidents of attacks across our business locations, the management of Ibadan Electricity Distribution Company (IBEDC) Plc would like to appeal to the public to refrain from engaging in such acts of violence against its employees and facilities.A statement signed by the Managing Director of the company, Engr. Kinsley Achife, said electricity distribution companies provide an ...

The Federal Government, on Wednesday, announced the preferred bidder for the concession of the 700 megawatts Zungeru Hydroelectric Power Plant for a fee of $70,000,251 per year for a period of 30 years.It named the preferred bidder as Mainstream Energy Solutions Limited and also announced the approval of the merger of Egbin Power Plant with KEPCO Energy Resources Nigeria Limited.The ...

The Ikeja Electric Plc (IE) visited the Down Syndrome Foundation Nigeria in Alamutu area, Fagba, Lagos to celebrate the 2023 Valentine Day with the training centre for children and adult with down syndrome. The Chief Executive Officer Ikeja Electric, Folake Soetan said the company is passionate and deliberate about impacting the environment where she operates through various interventions under the ...

The Nigeria National Petroleum Company Limited has estimated that Nigeria may earn about N367 billion from refining local crude oil to meet the nation’s 60 litre per day consumption of Premium Motor Spirit (PMS) known as Petrol. NNPC’s Group Chief Executive Officer, Mele Kyari, explained that the refining of crude oil into PMS in Nigeria would compress the logistics cost ...

Enageed Resource Limited, a Sahara Group upstream company and the Nigerian National Petroleum Corporation Limited (NNPCL) as part of their Community Social Responsibility (CSR) have delivered uninterrupted power supply to Ajoki community in Edo State The Enageed Resource Ajoki Gas-to-Power project generates a combined capacity of 1Megawatt round-the-clock electricity from gas, in keeping with Sahara Group’s commitment to promoting access ...

General Electric has restated its commitment to collaborate with relevant stakeholders to help Nigeria overcome its electricity supply challenge. The President of GE Nigeria, Mohammed Mijindadi, stated this recently at an energy roundtable discourse in Lagos. Mijindadi, who also doubles as GE Nigeria’s Sales Director for Anglophone and Francophone Africa for GE gas power business, maintained that Nigeria’s natural endowment ...

Geregu Power Plc recorded a profit decline of N10.379billion in the 2022 financial year; the regulatory financial filing of the company on the Nigerian Exchange Limited has shown.The first power firm to be listed on the domestic bourse said the decline was traceable to the nationwide force majeure declared by Shell Petroleum Development Company Limited on the Trans-Forcados pipeline and ...