TCN

FG SIGNS 3 MOUs WITH CHINESE COYS

Posted: January 15, 2015 at 8:46 pm   /   Government, Ministry of Power, TCN

– 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 […]

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VANDALS CAUSE REDUCTION IN POWER GENERATION

Posted: January 8, 2015 at 8:52 am   /   TCN

Vandals were at work again. On Tuesday, 6th January, while good and patriotic people were still relishing the New Year, some unpatriotic persons descended on the Trans- Forcados Gas Pipeline and vandalized five different portions of it. These acts of vandalism have shut the gas supply to several power generating stations which has therefore reduced […]

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SIGNIFICANT REDUCTION IN SYSTEM COLLAPSE IN 2014 – MD, TCN

Posted: December 30, 2014 at 3:52 pm   /   TCN

At the leadership forum organized for the power sector, the Managing Director of Transmission Company of Nigeria, Mack Kast, has adduced the fact that significant reduction in system collapse in 2014 has been as a result of judicious use of available resources tailored towards enhanced evacuation capacity. Kast said that TCN has a number of […]

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‘GEAR UP FOR TEM’, MARKET OPERATOR CHARGES ELECTRICITY MARKET PARTICIPANTS

Posted: November 30, 2014 at 4:13 pm   /   TCN

The Nigerian Electricity Market Operator, Mrs Veronica Osuhor has urged all electricity market participants, operators and stakeholders to be ready for operations under the Transistional Electricity Market (TEM). The Market Operator was speaking during the fourth Sensitization Workshop for participants and stakeholders in the Nigerian Electricity Market which was held at Transcorp Hilton Hotel, Abuja […]

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TOWARDS BOOSTING POWER GENERATION, FG Signs Agreements with Market Participants

Posted: November 20, 2014 at 4:28 pm   /   Gencos, Government, Ministry of Power, NERC, TCN

The Federal Government has signed agreements with Generation and Distribution companies, Independent Power Producers, International Oil Companies, and the Nigeria Gas Company, for the supply of gas. This is to further boost power generation which hit a historic high of over 4,500 MW recently in the country. The oil companies involved in the agreement signed […]

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AT UNVEILING OF ELECTRICITY MARKET PAYMENT SYSTEM, NEBO HARPS ON TRANSPARENCY

Posted: August 3, 2014 at 3:44 pm   /   Government, TCN

The Minister of Power, Prof. Chinedu Nebo, while unveiling the Electricity Market Permanent Payment System said that the Administration of President Goodluck Jonathan is determined to ensure the establishment of efficient and transparent processes that will guarantee appropriate reporting, open to all actors, in the new power sector. Speaking at the hand-over of the Trading […]

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EU, GIZ Support Power Projects With Grants

Posted: July 28, 2014 at 10:50 am   /   Government, TCN

The European Union and its ally, German Agency for International Co-operation have pledged grant support to Nigeria, primarily aimed at improving energy access, with focus on the renewable energy option, as well as improved energy efficiency. This disclosure was made today at the launch of the Nigerian Energy Support Programme in Abuja.   Speaking at the […]

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