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 […]
Minister asks Ibadan DisCo & TCN to collaborate to improve power supply to customers
The Minister of State, Power, Mr Goddy Jeddy-Agba, has urged the Transmission Company of Nigeria (TCN) to collaborate with the Ibadan Electricity Distribution Company (IBEDC), and indeed all DisCos, to improve power supply to customers. He spoke during a tour of upgraded facilities of the IBEDC interchange injection sub-station and TCN Transmission substation in Ayede […]
NERC Introduces Monitoring System to Improve Power Supply to Customers Nationwide
Power supply watchers have commended the power industry regulator, NERC, for introducing a new monitoring mechanism that has the potential of improving the delivery of electricity to the customers nationwide. The new system involves daily review of the report of the statuses of all 132/33kV feeders in the country being submitted daily by the System […]
Imo State to Experience Improved Power Supply – Special Adviser, Power
The Executive Governor of Imo State, Senator Hope Uzodinma has assured the people of Imo State that they would experience huge improvements in their daily power supply. According to the Special Adviser to the Governor on Power and Energy, Mr Sam Chuks Nwaire, the state government has concluded discussions with the Federal Ministry of Power, […]
Q1 2020 Power Supply Performance: More Power from GenCos, less Revenue Returns from DisCos
The nation is experiencing inverse performances in the power supply sector according to the data published by the Nigerian Bulk Electricity Trader, NBET, on its website. While the power generating companies, GenCos, are producing more power and TCN is wheeling all these to the distribution companies, DisCos, the DisCos are returning less and less into […]
Ikeja Electric Gets new CEO, Signs Supply Agreement with Estate
The baton has changed hands at Ikeja Electric Plc, Nigeria’s largest Electricity Distribution Company with the appointment of Mrs. Folake Soetan as its Acting Chief Executive Officer. She took over the saddle on Monday, 2nd March, 2020. She takes over from Dr. Anthony Youdeowei who had led the company as CEO for the last four […]
TCN restores bulk power supply to areas in Ibadan DisCo after fire incident
The Transmission Company of Nigeria, TCN, has reported that it has restored bulk power supply to Ibadan DisCo distribution lines that were out due to fire incident on Wednesday at TCN substation in Ayede, Akinyemi along Ring Road in Ibadan, Oyo State. According to the release published on TCN twitter handle and signed by the […]
Stop asking customers to pay for network infrastructure – NERC
The electricity sector regulator, NERC, has news for the electricity distribution companies; they should stop asking customers to pay for replacement and installation of network infrastructure such as faulty transformers, substation materials or lines, etc. According to a release published on the website of the industry regulator, the only scenario where the customer is to […]
We are still listening to Stakeholders – El- Rufai
If you were expecting quick fix report from the Federal Government Committee to review the present ownership of power assets in the country, you have to tarry awhile. According to the Chairman of the committee, Mallam El-Rufai, Governor of Kaduna State, they are still listening to stakeholders before they make up their minds as to […]
More Problems for the DisCos as NERC Issues Intention to Cancel Licences of 8 DisCos
The times are really not good for the electricity distribution companies, DisCos, in Nigeria. They have been receiving bashing from the Transmission Company of Nigeria for rejecting huge amount of electricity generated by the GenCos and transported to load centers. Only a few months ago, the Electricity Market Operator descended on several DisCos for not […]
Electricity Market Operator Suspends Defaulting DisCos for Low Security Covers
The Nigerian Electricity Market is getting more interesting by the day and the Electricity Distribution Companies, DisCos, are the ones with the burnt end of the stick. The DisCos have severally been accused of causing illiquidity in the Market by their poor monthly returns on their monthly invoices , which hovers between 30 and 35%. […]
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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