Tag: GENCOs

‘GenCos must link to national grid system by Dec. 31’ — NERC

Aminu Imam
NERC on tariff

The Nigerian Electricity Regulatory Commission, (NERC), has issued a new directive requiring all grid-connected Power Generation Companies (GenCos) to fully integrate their operations with the National Supervisory Control and Data Acquisition (SCADA) system by December 31. The directive is contained in a newly released regulatory framework titled: “Order on the Mandatory Integration of Grid-Connected Generating Units into the New SCADA/EMS for the Nigerian Electricity Supply Industry”. SCADA/Energy Management System serves as the central nervous system of grid operations—enabling automated controls, real-time fault detection, and live monitoring of power generation output.…

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“How we sold DisCos, GenCos to ourselves under Jonathan” – Ex-Minister

Aminu Imam
Ex Minister on DisCos , GenCos

Former Minister of National Planning Commission in the administration of former President Goodluck Jonathan, Dr. Shamsuddeen Usman, has revealed how politicians and officials in the administration jostled for shares in the power generation and distribution companies (DisCos) that were privatised in 2013. The Minister during the administration of Jonathan made the revelation in Abuja on Thursday, at the 26th October Lecture of the Nigerian Society of Engineers, (NSE). Usman said government officials, who ordinarily should have been neutral in the privatisation exercise, were however guilty of foul plays, and used…

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‘Ten national power plants operating at 10% capacity’ – Adelabu

Aminu Imam
Power Plant

Minister of Power, Adebayo Adelabu, has revealed that ten power plants in Nigeria are operating below 10 percent, talking to the infrastructural challenges in the sector. Adelabu made this statement at the BusinessDay Conference, in Lagos, with the theme: Powering Nigerias Energy Future: Addressing Infrastructural Challenges for Sustainable Energy Development. He expressed surprise at the under-utilisation of the facilities, which he said have the potential to generate significantly more electricity. The Minister identified two key factors limiting power generation: low gas supply and unpaid debts. Gas shortages prevent plants from…

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FG issues 13 new Power Generation, Distribution licences

Aminu Imam

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has issued 13 new licences for the generation of off-grid and embedded power, independent electricity distribution, as well as for the trading of electricity. The NERC said the new licences were issued in the third quarter of 2023, as the cumulative quantum of electricity to be generated by the licensees was 40.9 megawatts (MWs). Providing further explanation on the 13 new power generation, distribution and trading licences, the NERC in its report stated that Daybreak Power Solutions Limited received eight…

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Well revoke licences of underperforming DisCos, GenCos Minister

Aminu Imam

The Federal Government has revealed that it has no intention of renewing licensing agreements for underperforming electricity distribution and generation companies (GenCos & DisCos) in Nigeria. The Minister of Power, Adebayo Adelabu disclosed this yesterday, while speaking during the commencement of the three-day inaugural Nigerian Electricity Supply Industry, NESI, Market Participants and Stakeholders Roundtable (NMPSR) in Abuja. He expressed regret over the fact that, a decade after the privatisation of the power sector in November 2013, the operators have been unable to fulfill the set objectives. Adelabu insisted that for…

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Nigeria in Darkness: ‘Time to revoke the agreements entered with GenCos, DisCos without further delay’ – Stakeholders

Aminu Imam

As the country continues to suffer from appalling electricity supply which dates back to several weeks with its attendant negative ripple effects on the country, stakeholders have lamented that Nigeria never had any real electricity in its entire history. On Tuesday, the country generated 2100MWs, according to media reports; however, industry observers have pointed out that most of it will be lost to poor transmission failure. The country has been in darkness during the two quarters of the year and the reason is due to inadequate gas supply to power…

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Electricity supply: GenCos refute TCN report

Aminu Imam

Says FGs N1.6tr debt frustrating power generation Power generation companies in Nigeria (GenCos), have attributed the continued epileptic power supply across the country to illiquidity, caused by the N1.644 trillion owed them by the Nigerian Bulk Electricity Trading Plc, (NBET). This follows the recent report by the Transmission Company of Nigeria (TCN), ascribing low power generation to the GenCos inability to generate power. Speaking under the aegis of the Association of Power Generation Companies, (APGC), the association noted that the huge sums owed them has more than ever before continued…

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New electricity tariff: NLC moves to mobilise workers to resist increase

Ishaku Yohanna

The Nigeria Labour Congress (NLC) has urged the Nigeria Electricity Regulatory Commission (NERC) to take a decisive action on the plan by DISCOs to hike electricity tariff in the country. Ayuba Wabba, the NLC President, on Tuesday in Abuja made the call in a statement titled: Increase in Electricity Tariff by Abuja DISCOs a taunting of the will of the Nigerian people gone too far. Wabba said the organised labour would mobilise Nigerian workers to resist the increase in electricity tariff by the Abuja Electricity Distribution Company (AEDC), effective…

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