Energy Business Digest
FEC Approves N8.64bn to Fund 1st Phase Siemens Power Deal
The Federal Executive Council (FEC) has ratified President Muhammadu Buhari’s anticipatory approval for the release of N8,648,081,465 to fund phase one of the Nigeria-Germany electricity deal. The fund, which is an offshore loan facility of €15.21 million, an equivalent of N6,940,081,465.20, and N1.708 billion onshore fund, is the counterpart funding of the first phase of […]
Abandoned Power Projects in Nigeria to be Completed – Minister of Power
The Minister of Power, Mr Sale Mamman has pledged to complete and commission several abandoned power transmission projects located in various parts of the country. The Minister said completing and commissioning the power projects was among the priority assignments he was given by President Buhari when he assumed duty in August 2019 and declared that […]
Senate Power Committee Commends TCN on Power Projects to Boost Bulk Power into Abuja
The Senate Committee on Power led by the Chairman, Senator Gabriel Suswan has commended TCN for the level of work on the on-going power projects in spite of the pandemic. Senator Suswanspoke during the tour of sites of several on-going power projects of TCN to boost bulk power delivery into Abuja and environs. According to […]
Minister asks Ibadan DisCo & TCN to collaborate to improve power supply to customers
President Buhari Re-appoints Chiedu Ugbo, MD & Executive Directors of NDPHC for Another 4 Years
TCN Announces New Peak Power Generation of 5,420.30MW
Clement on TCN Commissions 2 Power Transformers in 2 States in One Day
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