GenCos

PenCom, NERC may sanction Gencos, Discos over non-compliance with pension contributions

The National Pension Commission (PenCom) has enlisted the support of the Nigerian Electricity Regulatory Commission (NERC) to compel electricity Generation…

6 days ago

FG planning on offsetting N4trn debt owed GenCos — Power Ministry

”Besides being owed huge debts, the GenCos were also operating under very harsh monetary and fiscal conditions.”

2 weeks ago

Darkness looms as GenCos warn of imminent shutdown over FG’s N4trn debt

Power generation companies (GenCos) on Monday warned that power plants across the country were facing imminent shutdowns due to a…

3 weeks ago

Reps probe DISCOs, GENCOs corporate social responsibility

The House of Representatives Committee on Corporate Social Responsibility (CSR) expressed displeasure on Wednesday over the failure of the Chief…

12 months ago

Electricity Tariff: Revoke licenses of Discos, GENCOS, Hon Duru asks Tinubu

Deputy National Organising Secretary of the All Progressives Congress (APC), Honourable Nze Chidi Duru, has raised alarm over the hike…

1 year ago

Low gas supply to GenCos, TCN maintenance, vandalism responsible for poor power supply —BEDC

The management of Ibadan Electricity Distribution Company (IBEDC) has said low gas supply to generating companies (GenCos) and scheduled maintenance…

1 year ago

NBET’s paid over N2trn to GenCos in five years

The Nigerian Bulk Electricity Trading Company (NBET) paid over N2 trillion to the 26 Generation Companies (GenCos) between 2019 and…

1 year ago

DisCos seek FG’s intervention on gas pricing for power generation

The umbrella body of the 11 electricity distribution companies (DisCos), Association of Nigerian Electricity Distributors (ANED) has called for Federal…

5 years ago

Blackout looms as GenCos threatens shutdown over alleged NBET intimidation

The country may soon be thrown into complete blackout as the Electricity Generation Companies (GenCos), on Sunday, threatened to shut…

5 years ago

N600bn intervention: GenCos threatens to declare force majeure as NBET introduces 0.75% admin charge

THE umbrella body of the electricity generation companies (GenCos) has frowned against the introduction of 0.75 per cent administrative charge…

6 years ago

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