Energy Business Digest
Manufacturers Association Pleads with NERC for Tariff Reduction
By Akanbi Abdullahi The representatives of the Manufacturers Association of Nigeria, MAN, have made passionate appeal to the Nigerian Electricity Regulatory Commission, NERC, for a downward review of the current electricity tariff. The new tariff regime approved by NERC became operational in January 2015. MAN made the request in a two-hour meeting with the management […]
MINISTER OF POWER INAUGURATES CALL-CENTRE
platform to enhance flow of service information In order to ensure that the achievements of the Federal Government especially in the power sector are known and appreciated by the people, the Minister of Power, Prof. Chinedu Nebo, has launched a service call- centre for the Ministry in Abuja. Speaking during the inauguration, Prof. Nebo described […]
PRESIDENT JONATHAN COMMISSIONS OLORUNSOGO 11 POWER PLANT
President Goodluck Jonathan on Friday, 20th February commissioned the new 750MW Olorunsogo Phase II Power Station in Ogun State, the third in the series of ten power stations constructed by NDPHC under the NIPP 11 scheme. Speaking at the commissioning of the new power station, the President said the completion and commissioning of the plant […]
Two more companies get approval to produce power
– KVK POWER TO GENERATE 50 MW FROM SOLAR – ALSCON TO GENERATE 360 MW ON-GRID/ 180 MW OFF- GRID FROM GAS Two more companies have scaled the hurdles and have been awarded permits to produce power and reduce the yearning demand for electricity in the nation. The companies are KVK Power Nigeria PVT Limited […]
WE MUST ALL FIGHT VANDALISM- PROF NEBO
The Honorable Minister of Power, Prof Nebo has called on all Nigerians to stand up and be counted in the fight against acts of vandalism of both pipeline and power infrastructure that facilitate the delivery of power to the people. Describing the rampant incidence of vandalism especially of gas pipeline, from which the vandals have […]
NERC SETS 1ST FEBRUARY 2015 AS TAKE OFF DATE FOR TEM
The Nigerian Electricity Supply Industry (NESI) on Sunday, February 1, 2015 attained the much awaited Transition Stage Electricity Market, TEM, whereby wholesale buying and selling in electricity is based on contractual and regulatory rules. This is sequel to an order of the Nigerian Electricity Regulatory Commission (NERC) directing all electricity market participants on the take-off […]
MINISTER OF POWER HOLDS TOWN HALL MEETING IN ABUJA
-Extols Achievements of President Jonathan in the Power Sector By Chijioke Igolo In his maiden Town Hall Meeting with stake- holders in the electricity industry, electricity consumers and journalists, the Minister of Power, Prof Chinedu Nebo described the present state of affairs in the power sector as robust and promising. He said that the present […]
TRANSMISSION CAPACITY HAS IMPROVED BY 40% – Hon. Wakil
Signs MoU with American Company for solar projects Transmission capacity of the power sector has improved by forty percent and generation capacity has also increased tremendously owing to massive injection of fund by this administration and the on-going privatization exercise, Minister of State (Power} Hon Mohammed Wakil has declared. “I am happy to say that […]
FG SIGNS 3 MOUs WITH CHINESE COYS
– Emphasis on Boosting Transmission Capacity – Nebo Determined to enhance the capacity of transmission in the Nigerian electricity value chain, the Minister of Power, Professor Chinedu Nebo has tasked the Chinese companies to fill in the gap so as to boost the nation’s capacity to wheel generated power to end users. The Minister underscored […]
TRANSITIONAL ELECTRICITY MARKET (TEM) TO COMMENCE 1ST JAN. 2015 – NEBO
The Minister of Power, Professor Chinedu Nebo has announced that the effective date for the take-off of all contractual obligations precedent at this point in time in the nation’s fledging electricity market has been fixed for Thursday, 1st January, 2015, as the date for the declaration of Transitional Electricity Market (TEM). The Minister, who disclosed […]
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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