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Power Firms not Ready for Commercial Market Operations — TCN

Posted: September 1, 2015 at 5:48 pm   /   Government, Ministry of Power, TCN

The Market Operation unit of the Transmission Company of Nigeria has declared that the electricity market participants are not keeping to the terms and contracts expected to drive the sector. According to the Market Operator, Barr. Ngozi Osuhor, the continued flouting of the contractual demands of the Transitional Electricity Market, TEM, by power distribution companies […]

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Nigeria Hits Another Peak Generation of 4810MW

Posted: August 28, 2015 at 10:04 pm   /   Government, TCN

The management of Transmission Company of Nigeria (TCN) has once again reported that the nation has attained a new peak of 4,810.7 megawatts of generated electricity. This was contained in a statement signed by the Managing Director, System/Market Operations of TCN, Mr Dipak Sarma. The statement said the feat was achieved at 20.45 hours on […]

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TCN Wheels an all Time Maximum Energy of 101,088MWH

Posted: August 11, 2015 at 11:12 pm   /   TCN

Another good news came from the Transmission Company of Nigeria (TCN) recently as it again announced the attainment of an all-time maximum energy of 101,088MWH wheeled across the National Grid in a day. TCN in a statement signed by the General Manager (Public Affairs), Mrs. Seun Olagunju, said the achievement was made on Wednesday, 5th […]

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NERC Orders TCN to compensate Discos for Failed System Allocation

Posted: August 11, 2015 at 10:57 pm   /   Discos, Government, NERC, Regulation, TCN

It seems the Nigerian Electricity Regulatory Commission (NERC) is beginning to get its acts together as it has directed that electricity distribution companies (Discos) must be compensated by the Transmission Company of Nigeria (TCN) if it fails to allocate to them their due load as a result of transmission inefficiencies. This new order along with […]

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Power Transmission Attains a New Peak of 4662MW

Posted: July 30, 2015 at 5:48 am   /   Gencos, TCN, Uncategorized

It is indeed a good season for Nigerians as the Management of Transmission Company of Nigeria, TCN, seems to be reporting record breaking generation and transmission peaks in the National Grid. It just set a new peak of 4662MW. In a press release by the TCN Management, signed by the General Manager, Public Affairs, Seun […]

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CBN to Resolve N27bn Debt to NIPP

Posted: July 26, 2015 at 1:58 pm   /   Gen. Biz, Government, NDPHC, NERC, Regulation, TCN

The Niger Delta Power Holding Company of Nigeria, NDPHC, managers of the National Integrated Power Projects, NIPP, owed N57bn for electricity produced and supplied into the national grid are on the way to get paid the portion of the debt incurred post privatization of the national power assets in November 2013, which stands at N27bn. […]

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Power Transmission Attains Another Peak, 4656MW

Posted: July 17, 2015 at 9:25 pm   /   Government, Ministry of Power, TCN

Transmission Company of Nigeria, TCN, the Nigerian public utility that transmits high voltage power in country seems to be firing from all cylinders as it has in two days broken its own record with a new peak transmission of power. The TCN management stated that the National Grid Transmission recorded another peak of 4656MW , […]

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FG Extends MHI’s Management Contract for TCN

Posted: July 16, 2015 at 12:17 am   /   Government, Ministry of Power, Regulation, TCN

The Federal Government of Nigeria has signed a one-year extension of its current Management Contract for the Transmission Company of Nigeria (TCN) with Manitoba Hydro International (MHI) Ltd. of Canada.  The extension follows a three-year Management Contract signed in 2012 to manage TCN’s electrical power transmission, system operation and market operation undertakings, as well as train […]

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Power Transmission Attains Highest Peak of 4545MW

Posted: July 14, 2015 at 10:06 pm   /   Government, Ministry of Power, TCN

Things are really looking good with the Transmission Company of Nigeria, TCN, as its management has proudly announced that the nation has achieved a new electricity transmission peak of 4545MW through its national network. In a press release by TCN Management, signed by the General Manager, Public Affairs, Seun Olagunju, the feat was achieved at […]

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Steady Improvements in the National Grid – TCN

Posted: July 10, 2015 at 11:45 pm   /   Abuja, Discos, TCN

…refutes Abuja Discos’ claim of series of system collapses Things are looking good for the Transmission Company of Nigeria, TCN, as it has come out to state that with improvements in the supply of gas to the power stations, generation of electricity into the National Grid has been improving steadily to over 4000MW levels. In […]

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