GenCos

The umbrella body of the 11 electricity distribution companies (DisCos), Association of Nigerian Electricity Distributors (ANED) has called for Federal Government's (FG) intervention on gas pricing for power generation companies (GenCos).…

The country may soon be thrown into complete blackout as the Electricity Generation Companies (GenCos), on Sunday, threatened to shut down operations over alleged intimidations and threats from the Nigerian Bulk Electricity Trading Company…

THE umbrella body of the electricity generation companies (GenCos) has frowned against the introduction of 0.75 per cent administrative charge to their invoice by the Nigerian Bulk Electricity Trading plc (NBET)as a prerequisite to…

The Nigeria Labour Congress (NLC) has warned against any further increase in electricity tariff; and petroleum pump price, saying that the workers and Nigerian people will not accept further hardship.Besides, the Congress rejected any…

Obviously frustrated by apparent lack of capacity to add any significant value to the power sector several years after its privatisation, the Federal Government on Tuesday commenced the process of engaging technical consultants to monitor…

Court order which declared the tariff review process illegal has been reversed and to be tried afresh, the Minister of Power, Works and Housing, Babatunde Fashola on Monday stated.He also disclosed that measures have been put in place…

THE electricity Generation Companies (GenCos) on Wednesday, said that despite the increased capacity to produce power, electricity supply has not improved in the country due to deeming capacity.It explained that most of the newly added…

In a bid to ensure grid expansion, the Transmission Company of Nigeria (TCN) yesterday, disclosed that it has been able to raise a sum of $1.55billion from multilateral donors.This is even as it revealed plans to achieve transmission…

ACTING President Yemi Osinbajo has assured that with government's focus and commitment, there will be a turnaround in the Nigerian economy in 12 to 18 months.Speaking at the Quarterly Presidential Business Forum held at the Banquet…

ELECTRICITY Generation Companies (GenCos) have cried out against incessant directives by Transmission Company of Nigeria (TCN) for them to suppress generation saying this has caused them revenue losses and damage to their plants.…