Discos’ debts to MO hit N120.7bn

The indebtedness of power distribution companies to the electricity market operator, in terms of stipulated remittances to the MO, has risen to N120.7bn, The...

In turnaround, Fashola says consumers can pay for meters

The Federal Government has said that it will not oppose the wishes of electricity consumers that are willing to pay for meters from their...

Off-grid solar will transform business in Nigeria – Lumos CEO

The people behind one of the fastest growing off-grid solar companies in Africa have said that the mobile solar revolution will transform Nigeria's small-business...

Fashola says 240MW initiative in collaboration with GE will fast track power supply

Minister of Power, Works and Housing, Mr. Babatunde Fashola, has disclosed Federal Government’s plan to improve power supply to consumers through a Fast Power...

KEDCO commissions 15MVA sub-station in Kano

Kano Electricity Distribution Company (KEDCO) has commissioned a 15MVA capacity sub-station in Dakata, Nasarawa local government area, Kano state, IWIN reports. Managing Director of the...

Cole says Nigeria requires right policies to drive power sector growth

The Executive Director and Co-Founder, Sahara Group, Tonye Cole, has highlighted the need for the right policies to drive and sustain productivity in the...

DISCOs set to embark on mass disconnection to recover N200bn debts

Amidst protests and threats, the power distribution companies in Nigeria (DISCOs) have insisted that a nation-wide mass disconnection of high-debt electricity consumers must take...

Despite N701bn gas bailout, Nigeria’s power grid still unstable

Despite the injection of a N701 billion assurance guarantee for gas supply to the power sector, the electricity grid has continued to fluctuate, ending...

TCN secures $1.55bn from multilateral corporations for transmission expansion

The Transmission Company of Nigeria (TCN) says it has secured 1.55 billion dollars from multilateral corporations to finance its transmission expansion projects in the...

1600 rural electrification power projects abandoned – REA

Nigeria’s Rural Electrification Agency (REA) has detected 1600 electrification projects it said were abandoned by project contractors at different rural communities in Nigeria for...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...