Energy Business Digest
President Buhari Re-appoints Chiedu Ugbo, MD & Executive Directors of NDPHC for Another 4 Years
President Buhari has approved the reappointment of Chiedu Ugbo, Managing Director of Niger Delta Power Holding Company of Nigeria for another four years. MD/CEO, NDPHC, Barr Chiedu Ugbo The news was delivered today in the release signed by Laolu Akande, Special Assistant, Media to the Vice President, Prof Yemi Osinbajo. According to the release, the […]
TCN Announces New Peak Power Generation of 5,420.30MW
The Transmission Company of Nigeria. TCN. has today announced the attainment of 5,420.20MW power generation, which is a new all time high record in the nation. Minster of Power, Sale Mamman According to the release published on the Tweeter handle of the company and signed by the company’s General Manager Public Affairs, Ndidi Mbah, the […]
Power Minister Visits Taraba State to Accelerate Pre-activities Leading to Mambilla Power Project Construction
Desirous to get the 3050MW Mambilla Power Project underway, the Minister of Power, Mr Sale Mamman has visited the Executive Governor of Taraba State, Arch Darius Ishaku and strategized on ways to overcome challenges militating the commencement of the potentially biggest power station in West Africa. In a series of tweets, the Minister of Power […]
NERC Directs System Operator to Prioritize Dispatching all Hydro Power Stations to check flooding
The Nigerian Electricity Regulatory Commission, NERC, has directed the System Operator to prioritize the dispatching of power generated by the three hydro power stations in Nigeria in order to manage effectively the water inflow into the dams. The order is also meant to check the result of flooding that might occur if there is an […]
Nigerian Sovereign fund, Shiroro Power plant on N8.5 billion deal to boost power generation
A subsidiary of the Nigeria Sovereign Investment Authority (NSIA), InfraCredit, has opened a N8.5 billion 600MW Shiroro Hydro Electric Infrastructure Green Bond to boost the plant’s power generation. Launched in partnership with GuarantCo, KfW Development Bank and Africa Finance Corporation, the deal is to provide the North South Power Company Limited’s (NSP) with N8.5 billion […]
Delta State Joins Power Producing States, to Construct 400 MW Power Plant
Delta State Governor, Senator Ifeanyi Okowa has promised Delta people the delivery of dividends of democracy as he performed the ground-breaking ceremony for a 400MW combined cycle power plant, which would boost investor confidence in the state.. The Governor who performed the ground-breaking ceremony at Ekrokpe/Ekrejegbe, Ughelli South local government area said, “we are glad […]
Azura Thermal Power Plant Runs Full Blast to Produce 450MWA into the Grid
There is some excitement in the Power house of Azura family as their latest baby in Edo State ran all their three turbines to produce the first phase maximum power of 450 MW on Friday, 13April, 2018. And they took to twitter to share the excitement. The Azura Management has commended all who had a […]
More Problems in the Power Sector as Govt & GenCos Exchange words over Shutdown and Debts
The fragile Power Sector in Nigeria is set to experience another set of shocks as the Federal Government represented by the Minister of Power, Works and Housing calls out power generating companies, GenCos, for planning to shutdown power plants in a bid to drive home a baseless point. In response, the Association of power generating […]
Power Generating Companies have no Basis Going to Court- Fashola
The Minister of Power, Works and Housing has said that the power generating companies have no basis taking the Federal Government to court over payments to Azura Thermal Power Station. He however affirmed that that is their right and their prerogative, stressing that it is better than self-help, as it is consistent with the rule […]
Flood: Shiroro Power Plant Shut Down
One of the nation’s three hydropower plants, Shiroro Power Station located in Niger State, has been shut down as a result of flood challenge. Shiroro Power Plant, which is capable of generating 428 megawatts, was shut down “due to turbine pit flood problem.” Data obtained from the Federal Ministry of Power, Works and Housing showed […]
TCN Energizes 2nd 330kV Akangba-Ikeja West Line in Lagos
FG To Complete 2nd Power Line to Evacuate 40MW Kashimbilla Power Plant in 6 Months
Allow Local Meter Manufacturers Sell Directly To Customers – FG Told
Clement on TCN Commissions 2 Power Transformers in 2 States in One Day
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