Energy Business Digest
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 […]
We are prepared to work with DisCos to improve power supply delivery- MD, TCN
BY: Innocent Okoye The management of Transmission Company of Nigeria, TCN, has offered to work in tandem with the managements of all the Distribution Companies, DisCos, to ensure superior power service delivery to the people of Nigeria and beyond. The problem however is that the managements of the DisCos are not prepared to work with […]
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 […]
WAPP to Synchronize 3 Island Networks in West Africa into One
BY: Innocent Okoye The West African Power Pool (WAPP) has commenced work to synchronize the three island networks among 14 West African member states into a single reliable and efficient network. The Managing Director/CEO of TCN and the Chairman, Board of Director of WAPP, Mr. Usman Gur Mohammed disclosed the benefits of a synchronized network […]
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%. […]
NERC Introduces Payment Plan for Electricity Meters
Relief has come the way of some electricity customers in Nigeria as the Nigerian Electricity Regulatory Commission (NERC) has approved a payment plan for electricity customers who so desire to get prepaid meters and pay later. The cheering news was disclosed by Mr Nathan Shatti, NERC’s commissioner for finance and management services at a press […]
TCN to Devolve into 2 Autonomous Companies – TSP & ISO
By Innocent Okoye The Transmission Company of Nigeria, TCN, would soon devolve into two autonomous companies- Transmission Service Provider, TSP and Independent System Operator, ISO. The MD/CEO, TCN, Mr UG Mohammed disclosed this during the recent press conference/dinner the company organized to update the people with developments in the subsector. According to him, TCN is […]
High Voltage Cause System Collapse & Reactor Fire in Benin City
The nation was once again thrown into outage as a result of electricity distribution companies dropping massive load. This time it not only caused system collapse, it also caused fire outbreak in Benin City where a 75MX Reactor caught fire. TCN Management in a Release announced that the National Grid experienced a system collapse today […]
“Only One System Collapse, Not Multiple” says TCN
The Management of Transmission Company of Nigeria, TCN, has explained the events, causes and processes of recent disturbances in the National Grid. According to them, the Grid has not experienced multiple system collapses as reported in the traditional and social media in the last one week. “The National Grid only experienced one system collapse and […]
TCN Restores Normal Bulk Power Transmission after Apo Transformer Fire
The Transmission Company of Nigeria, TCN, has restored normal power transmission through its Apo Transmission substation after a fire outbreak which occurred yesterday involving one of its 45MVA, 132/33kV power transformers feeding AEDC’s 33kV feeders. The fire was put out by the combined efforts of the Federal, FCT and NNPC fire service units. In the […]
President Buhari Reappoints Dr Amobi, Constitutes NBET Board
Ikeja Electric Gets new CEO, Signs Supply Agreement with Estate
TCN restores bulk power supply to areas in Ibadan DisCo after fire incident
Clement on TCN Commissions 2 Power Transformers in 2 States in One Day
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