Energy Business DigestProfile of Ikeja Electricity Distribution Company
Ikeja Electricity Distribution Company(IKEDC) manages electricity distribution in the mainland segment or northern part of Lagos State. The investors in the company are NEDC/ KEPCO Consortium. IKEDC is divided into 11 Business Units which are Abule Egba, Akonwonjo, Ikeja,Ikotun, Ipaja, Odogunyan, Ogba, Ojodu, Oshodi and Shomolu and a growing customer population of 657,444. The face […]
Lekki, VI, Lagos Residents to Experience Power Interruptions as TCN Maintains Ajah Injection Substation
Residents in Lekki, Victoria Island and neighboring areas in Lagos State would experience power supply interruptions from Wednesday, 7 to Friday, 9 September between the hours of 7am to 7pm daily. The interruption is to enable TCN engineers relocate the Egbin / Aja 330kV Line 3 to a spare Omotosho 330kV Line 2 bay as […]
“Take Over Can’t Happen” – Benin DisCo, Set to Resist Sack of Board & Management
The management of Benin Electricity Distribution Company, BEDC, has described the reported sack of her Board and Management by the Bureau of Public Enterprises (BPE) and Nigeria Electricity Regulatory Commission (NERC) following Fidelity Bank recall of facility as unlawful, illegal and of no basis. According to the release by BEDC Management posted on its Twitter […]
Fidelity Bank Takes Over Boards of 3 DisCos, Works With FG on New Management Structure
The boards and executive managements of three electricity distribution companies, DisCos have been replaced by the major lenders, Fidelity Bank and AFREXIM, following the formal recall of the collateralized facilities the banks issued for the purchase of the power assets. It is believed that the lenders recalled the facilities as the core power investors have […]
University College Hospital imposes N1,000 daily electricity bill on admitted patients
The management of the University College Hospital (UCH), Ibadan, Oyo State, has confirmed the addition of N1,000 daily electricity fee to the service charge of every admitted patient in the hospital. Admitted patients and their family members are now going to pay more to access medical services from this renowned hospital. The hospital, in a […]
TCN to Maintain Major Transformer in Abuja With Minimal Power Interruption
The management of Transmission Company of. Nigeria, TCN, has announced that her engineers would carry out the usual annual maintenance on the 150MVA 330/132/33kV transformer and associated switch gears at the Gwagwalada Transmission Substation in Abuja. According to the notice published on the company’s twitter handle, the planned maintenance would take place on Saturday, 29th […]
Ibadan DisCo Falls into AMCON’s Hands
The Assets Management Corporation of Nigeria, (AMCON) has finally taken over the control of Ibadan Electricity Distribution Company, (IBEDC) Limited over her inability to off-set acquisition loan from Polaris Bank (Skye Bank), several months after it got the Notice of Receivership in August 2021. In a public notice, AMCON stated that it had appointed Mr […]
REA Gives 24,000 Rural Families Cause to Smile with Solar Power
The management of the Rural Electrification Agency, REA, has put smiles in the faces of over 24,000 rural families around the nation with the completion of the first phase of the Rural Electrification Fund (REF). The relief of the families is easy to imagine as they are now enjoying better lives with their ability to […]
TCN Energizes 2nd 330kV Akangba-Ikeja West Line in Lagos
Transmission Company of Nigeria, TCN, has energized the 2nd 330kV Akangba- Ikeja West Line to backfeed bulk electricity to Ikeja West Substation in Lagos, following the fall of 5 towers on the main power line that were brought down by the vandalized pipeline fire a few days ago in Lagos. According to the MD/CEO, Dr […]
Allow Local Meter Manufacturers Sell Directly To Customers – FG Told
The chairman, Momas Electricity Meter Manufacturing Company (MEMMCOL), Mr Kola Balogun, has called on the federal government to grant licenses to selected indigenous companies to sell prepaid meters directly to consumers. Balogun who made the call in an interview with the News Agency of Nigeria (NAN) yesterday in Lagos noted that the huge metering gap […]
“We Will Collaborate With NAPTIN” – MD, AEDC
Managing Director of Abuja Electricity Distribution Plc – Engr. Akin Bada says the Company will collaborate with the National Training Power Institute of Nigeria (NAPTIN) to raise the competency profile of its workers in order to improve service delivery to the customers by taking advantage of the training opportunities that the Institute offers. In a […]
Lekki, VI, Lagos Residents to Experience Power Interruptions as TCN Maintains Ajah Injection Substation
NERC To Invest N5b on Computer System to Monitor Power Operations Nationwide
“Take Over Can’t Happen” – Benin DisCo, Set to Resist Sack of Board & Management
Clement on TCN Commissions 2 Power Transformers in 2 States in One Day
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