POWER

In a bid to Improve the electric power sector, Nigeria has now reached the final stage of its plan to sell five key power plants at a cost of $1.15 billion, with the bid winners soon to be announced. The move is part of the government’s broader strategy to overhaul the energy sector, boost efficiency, and attract private investment. With ...

………..by Victor Egbo…… Aba Power Limited, has estimated that in the next six months it is going to install metres for 200,000 registered customers in the Aba Ring-fenced Area at a cost of N32 billion. The Company also disclosed deployment of over 22,000 smart prepaid meters since last November when it initiated its Mass Metering campaign. “Much as our stakeholders ...

Nigeria’s foremost power generation solutions provider, Geregu Power PLC and Siemens Energy have signed a Memorandum of Understanding to jointly develop solutions for capacity expansion at the Geregu 1 power plant which will culminate to overall nameplate capacity to 1200MW from the current 435MW, a 176 percent growth. According to a notice at the Nigerian Exchange signed by Akinleye Olagbende, ...

Photo: L-R Head of Maintenance, Felix Ebiware; Section Head, Mechanical Workshop, Bashiru Mohammed; CEO, Mokhtar Bounour and HOD, Mechanical Workshop, Akintona Keshinro, all of Egbin Power Plc, during the company’s Long Service Awards 2024. …reaffirms commitment to excellence, human capital development……. In appreciation of its employees’ contributions to the sustainable progress and achievements recorded over the years, Egbin Power Plc ...

Thee Abuja Electricity Distribution Company (AEDC) has given June 3rd as deadline to disconnect customers with outstanding debts. The company is statement signed by Victor Ojelabi, acting managing director and chief executive officer, Abuja Electricity Distribution Company (AEDC) stated: “The Abuja Electricity Distribution Company (AEDC) is notifying all customers with outstanding bills to settle their accounts immediately to avoid service ...

The Electricity Consumers Assocation of Nigeria (ECAN) has commended Aba Power for maintaining the 2023 electricity tariff even when every other power distribution company (DisCo) in Nigeria has increased the amount paid by Band A customers who receive a minimum of 20 hours of electricity daily by almost 300%. “Though Aba Power Electricity (APLE) Limited began commercial operations only in ...

… Reduces tariff to N206.80 per KWh from N225….. The Nigerian Electricity Regulatory Commission has approved the upgrade of 60 additional feeders of Eko Electricity Distribution Company, bringing the total to 134. The upgrade follows a review of the feeders in line with their capabilities to give the customers classified under the feeder at least 20 hours of power supply ...

……….by Ben Ndubuwa…… A delegation from the Norwegian Embassy and the Norwegian Water Resources and Energy Directorate (NVE) has paid a courtesy call to the Nigerian Electricity Regulatory Commission (NERC) in a bid to explore areas of collaboration for mutual benefit. The visit marks a significant step towards strengthening cooperation in the power sector, particularly in the field of renewable ...

………by Ben Ndubuwa…… The Nigeria Electricity Regulatory Commission (NERC) has frown over any form of contractual breaches and is taking fresh steps to eliminate exploitation within the electricity industry especially in the international and bilateral contracts. The Commission is said to have observed exploitation and practices that is not healthy within the contacts execution. To address the anomaly, the NERC, ...

………by Ben Ndubuwa……Ikeja Electric Distribution Company (IE) has announced a slight reduction of its electricity tariff by 8.1 percent for customers under Band A from N225/kWh to N206.80/kWh. In a circular signed by the management of the company on Monday, IE said the customers will now pay N206.80/kwh, rather than the stipulated N225/kwh ordered by the Nigeria Electricity Regulatory Commission ...