We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GenCos decry huge power losses from DisCos’ rejection, NERC complicity – Daily TrustPower Generation Companies (GenCos) have decried the huge burden they bear as the Distribution Companies (DisCos) sustain energy rejection, only paying for the quantity they wish to take daily. The Executive Secretary of the Association of Power Generation Companies (APGC), Dr Joy Ogaji in a statement also accused the Nigerian Electricity Regulatory Commission (NERC) of …
Source: Daily Trust - 🏆 13. / 51 Read more »
Gencos Accuse Discos of Inhibiting Higher Power Generation, Supply - THISDAYLIVEChineme Okafor in Abuja The Power generation companies (Gencos) have accused the 11 electricity distribution companies (Discos) of being responsible for the low power supply in the country, saying the Discos arbitrarily determine the quantity of power to distribute to the consumers, without regards to the power the Gencos can generate and supply to the …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
GenCos decry huge power losses by DisCos’ load rejection – Daily TrustPower Generation Companies (GenCos) have decried the huge burden they bear as the Distribution Companies (DisCos) sustain energy rejection, only paying for what they wish to take daily. The Executive Secretary of the Association of Power Generation Companies (APGC), Dr Joy Ogaji, in a statement, also accused the Nigerian Electricity Regulatory Commission (NERC) of complicity.ADVERTISEMENT … they are doing it all so as to sabotage the present government.
Source: Daily Trust - 🏆 13. / 51 Read more »
NERC Records 41% Rise in Power Investors’ Payments for Operational Permits - THISDAYLIVEFashola denies diverting $600m meant for Mambilla project By Chineme Okafor in Abuja The Nigerian Electricity Regulatory Commission (NERC) has said it received more money in 2017 than it did in 2016 from power sector investors who sought for regulatory permits or renew the licences they held in Nigeria’s power market. This is coming as the Minister … Lies
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
NERC Moves against Foreign Dominance in Power Sector - THISDAYLIVEChineme Okafor in Abuja The Nigerian Electricity Regulatory Commission (NERC) has commenced the implementation of a new law that will efficiently regulate the deployment of foreign equipment, workforce, and other services in Nigeria without allowing them to dominate operations in Nigeria’s electricity market. NERC explained that the law titled: ‘Regulation on National Content Development for … Because generators are made in Nigeria 🙄 You didn't even read before posting comment that's seriously bad manners. Please change your ways . Well done Oga minister you do well Allow genuine foreign investors in the power sector as was done in telecoms, that's our only way out of this never ending stories on power.
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
NERC: Only Four Power Discos Complying with Metering Pact with BPE - THISDAYLIVE*Number of registered electricity consumers rise by 9.32% By Chineme Okafor in Abuja A quarterly report on the operations of Nigeria’s electricity market for the second quarter of 2018 (Q-2) by the Nigerian Electricity Regulatory Commission (NERC) has disclosed that only four out of the 11 existing electricity distribution companies (Discos) in Nigeria complied with … I definitely was not expecting IkejaElectric to be on the list,of course...
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Why we end payment of shortfall to GENCOs - FG - Vanguard News NigeriaABUJA— The Federal Government, yesterday, announced that it has stopped the payment of the shortfall for the 4000 mega watts per hour, MWH, to the Electricity Generation Companies, GENCOs.
Source: vanguardngrnews - 🏆 5. / 75 Read more »