Lagos — In a report compiled by the Advisory Power Team, Office of the Vice President, on 12th March, said the power sector lost over N1 billion on 11 March.
According to him, factors such as insufficient gas supply, distribution infrastructure, and transmission infrastructure were reasons behind the colossal loss.
On the said day, electricity generating companies released an average of 4,114 megawatts of power into the national grid, down by 92.47 megawatts from the figure delivered on Sunday.
According to the report, 2,793.58 megawatts could not be generated due to unavailability of gas, adding that unavailability of transmission infrastructure also accounted for non-generation of 176 megawatts during the period.
Similarly, it stated that 168.6 megawatts were not generated due to high frequency resulting from the unavailability of distribution infrastructure.
Cumulatively for the above reasons, the power sector lost an estimated N1.51 billion on the said date, according to the report.
It said the peak generation attained on the day was 4,766 megawatts.