Group faults PHCN on contracts variations

A group, Nigerian Contracts Monitoring Coalition, has blamed the delay on execution of projects under the Power Holding Company of Nigeria (PHCN) on mild...

Power firms can’t collect tariffs efficiently – FG

Following the sacking of over 50 per cent of the workforce of the defunct Power Holding Company of Nigeria, the new owners of the...

Schneider Electric, Mitsumi sign distributorship agreement

Schneider Electric has signed an agreement with Mitsumi Distribution for the distribution of products of APC by Schneider Electric in Nigeria and Ghana. Mitsumi Distribution...

Abuja Disco dismisses increase in tariff

The Abuja Distribution Company has dismissed reports on tariff increase assumed by customers saying that any such increase shall be communicated to electricity customers. In...

BPE to open bids for NIPP plants January

The financial bids for the 10 power plants constructed by the Federal Government under the National Integrated Power Project will open in January, the...

Transmission Company appoints new CEO

The Board of Transmission Company of Nigeria, TCN, has approved the appointment of Mr Mack Kast, as the new Managing Director and Chief Executive...

Commercial price for gas-to-power to rise in 2014

The commercial price for gas supply to Nigeria’s power sector under the federal government’s domestic gas supply obligation is expected to rise from its...

FG, Televeras Group, North-West sign SPA for Afam, Kaduna Disco

Finally, after initial hiccups, the Bureau of Public Enterprises (BPE) Monday signed the Share Purchase Agreement (SPA) with the preferred bidders for both Afam...

EMS takes over PHCN’s non core assets, services

The Electricity Management Services Limited (EMS) has taken over non-core assets and services of the defunct Power Holding Company of Nigeria (PHCN) to bridge...

BPE, power investors sign agreement on Kaduna, Afam

The Bureau of Public Enterprises will on Monday (today) sign a Share Purchase Agreement with two consortia for the purchase of majority shares in...

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