TCN suspends power firms for breaching market rules

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The affected companies are APLE Electric Limited, Kano and Kaduna Electricity Distribution Companies.

“After the hearing, a 14-business day notice was issued on March 21 in three national daily newspapers as required by the market rules. Thereafter, a suspension order was issued on April 19, which required APLE to cure its defaults,” she said.She added that this order resulted in the disconnection of the Feeders within the APLE franchise area until such a time that they provide the required bank guarantee and settle their outstanding invoices with the MO.

She said that both companies were sent a request for their bank guarantees in line with the market rules, on Feb. 16, 2022, and they failed to provide the required bank guarantees. Mbah stated that the notice of the event was followed by a notice of intent to issue a suspension order, issued on May 9, 2022.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 8. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Fire destroys N6b goods in Zaria market | The Guardian Nigeria News - Nigeria and World NewsMidnight inferno has gutted about 150 shops in a Sabon Gari market, Zaria, Kaduna State, destroying goods worth over N6 billion. But the Head of Corporate Affairs, Kaduna Electric Company (KEDCO), AbdulAzeez Abdullahi...
Herkunft: GuardianNigeria - 🏆 1. / 94 Weiterlesen »