FG beefs up security around power assets

The Federal Government has beefed up security around all power assets and installations that were handed over to new owners across the country at...

Vigeo Power seeks criminalisation of electricity theft

Vigeo Power Limited, the new owner of the Benin Electricity Distribution Company Plc has advocated for the criminalisation of electricity theft and application of appropriate penalties...

Banks disbursed N109bn to 20 power firms –CBN

Eleven Deposit Money Banks had so far disbursed the sum of N109.3bn to 20 companies from the N300bn Power and Airlines Intervention Fund provided...

Power privatization: Many challenges ahead

The September 30 handover of share certificates to the new owners of five generating companies, GENCOS and 10 distribution companies, DISCOS, by President Goodluck...

CBN to clampdown on banks over power funding

The Central Bank of Nigeria, CBN, is set to curtail the excesses of banks as regards their funding of power projects. This is in the...

New firm to provide technical services in NESI

The newly-created Electricity Management Services Limited (EMSL) has said that it was not created to take up any regulatory role in Nigeria’s emerging electricity...

Power takeover: Different strokes for different folks

Following the takeover of the power distribution and generation companies by new investors last week, it has emerged that the owners of the electricity...

NERC, new Disco owners brainstorm on concerns over ATC&C loss figures

The Nigerian Electricity Regulatory Commission (NERC) and new core owners of privatised electricity distribution companies created from the unbundling of the Power Holding Company...

FG to sanction power investors over performance agreement

The Federal Government has said that it will not hesitate to sanction any core power investor that does not deliver on performance agreement that...

Power: Private sector era begins

Following the physical handover of the privatised Power Holding Company of Nigeria’s (PHCN) successor companies by the Federal Government at the weekend, buyers of...

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...