“The government came up with the N701 billion intervention early last year to ensure that at least, we are able to pay for our gas because with 30 per cent, it could not have been able to pay the gas supply and then maintain our power plant.”
Browsing: Nigerian Bulk Electricity Trading
Out of an 800,000 customer base, AEDC has metered 3,800 who are the largest power users and constitutes 50 percent of the revenue collection base, including the governments’ Ministries, Departments, and Agencies
The N701 billion was approved for Nigerian Bulk Electricity Trading, NBET, under the Power Purchase Guarantee Funds to enable it pay for power purchased.
27 October 2015, Abuja – Global financial advisory firm, Deloitte has said that the Nigerian Bulk Electricity Trading (NBET) Plc should…
…Says it’s aimed at ensuring cost-reflective tariff Oscarline Onwuemenyi 23 September 2015, Sweetcrude, Abuja – Chairman of NERC, Dr. Sam…
24 March 2015, Abuja — In its determination to deepen the development of renewable energy, the African Development Bank, AfDB, has…