It said, “The World Bank has approved a credit of $486m for Nigeria’s electricity transmission substations’ rehabilitation. This is a part of the financial support aimed at achieving a viable power sector through the PSRP implementation.”
Browsing: Nigerian Electricity Regulatory Commission
He emphasised that “energy theft is also a serious setback and we are planning to embark on mass literacy campaigns and advocacy to educate the public on the issue”.
He noted that contrary to the speculation fueled by mischief makers, distribution companies are facing severe liquidity constraints as they are charging far below cost prices in the delivery of electricity to its customers.
He said, “With this installation, the capacity has been raised to 220MVA. Similarly, the Apo 132/33kv substation has been raised from 190MVA to 290MVA.”
Akpan recalled an incident which occurred on June 30, 2017 in Rumuomasi, Port Harcourt, where a couple and four children were suffocated to death by generator fumes in their apartment.
Oscarline Onwuemenyi 14 February 2018, Sweetcrude, Abuja – The Transmission Company of Nigeria (TCN) announced that it has attained a…
She also noted that whenever there is a system collapse, the number of Start and Stops of those machines increased the machines and turbines’ Equivalent Operating Hours (EOH), triggering more maintenance costs.
“A customer that gains access to electricity by tampering or meter bypass shall in addition to paying for the reconnection costs and administrative charges stated above be liable to pay for the loss of revenue by the Discos for the unauthorised consumption by paying back-bills.
“And every day, unfortunately, we are seeing meter bypass live and we are taking punitive interventions in terms of revealing them (defaulters) and surcharging them. So, for large power users, the monitoring is online. Let me just categorically say that they should not even attempt, it, because they will be caught.”
It, however, explained that before the takeover, technical competence reviews including forensic audits of all the Discos and the adequacy of their technical partners should be undertaken to ensure that they had not failed in their initial agreements with the government after the privatization exercise.