Opeoluwani Akintayo 12 July 2017, Sweetcrude, Lagos – Data obtained by SweetcrudeReports indicates that Nigeria lost a total of 47,536 megawatts,…
Browsing: GENCOs
He noted that, “Whether the government likes it or not, they have to review the tariff of power in this country. All those playing politics with it that they do not want to increase, people do not want to hear of this.”
The N701 billion was approved for Nigerian Bulk Electricity Trading, NBET, under the Power Purchase Guarantee Funds to enable it pay for power purchased.
05 July 2017, Sweetcrude, Abuja – The Nigerian Bulk Electricity Trading Plc, NBET, is now owing the power generating companies or…
Although, the Central Bank of Nigeria (CBN) provided a N701 billion facility, to assist NBET in meeting its payment obligations from the generation invoices to ease the liquidity challenges, the Gencos are yet to get full payment of all the outstanding debts.
07 June 2017, Sweetcrude, Lagos – The interim managing director of the Transmission Company of Nigeria, TCN, Mr. Usman Gur…
Michael James 02 June 2017, Sweetcrude, Lagos — The Interim Managing Director of the Transmission Company of Nigeria, TCN, Mr.…
“The Gencos and Service Providers have called for the declaration of eligible customers in the nation’s power sector. They also advocated for the denomination of gas price in Naira with the Distribution companies (Discos) calling for harmonisation of currency for all transactions in the market.”
20 April 2017, Sweetcrude, Lagos – Power generating companies in the country, GENCOs, have the capacity to generate 12,000MW of…
16 April 2017, Lagos – Operators in the oil, gas and power sectors have stated that poor transmission infrastructure remains the…