POWER UPDATES

...Asserts that Discos and Gencos deceived Nigerians on their ability The Nigerian Senate has said that it has come to the conclusion that the 2005 power sector privatisation in the country has collapsed, saying that there is need to…

The African Development Fund has approved a $34.74 million grant and loan to boost renewable energy access and promote an attractive investment climate in Liberia. At a signing ceremony on 29 January in Monrovia, Dr Orison Amu, the…

The 11 electricity distribution companies in Nigeria (DisCos) are expected to be warming up towards repaying ₦35.06 billion loan disbursed to it in 2014 under the Central Bank of Nigeria-Nigeria Electricity Market Stabilisation Facility…

…Replaces disused 150MVA installed by NIPP Transmission Company of Nigeria (TCN), has confirmed the installation of a 300MVA power transformer at the 330/132 kilovolt (kV) Asaba transmission substation in Delta State. The 300MVA…

Less than seven years after the privatisation of the power sector in Nigeria, the country is on the verge of a comprehensive overhaul of the sector for better results. In 1999, the federal administration of President Olusegun Obasanjo…

The National Economic Council (NEC)’s committee on review of the status and ownership of Electricity Distribution Companies (DisCos), says it will seek contributions from the general public on how to solve the challenge of electricity in…

The Nigerian National Assembly (NASS) has promised to make laws that will hasten and sustain the development of the main and mini-grids to boost electricity supply in Nigeria. Speaking at the three-day International Conference on…

The Transmission Company of Nigeria (TCN) is set to acquire helicopters for fault detection across its transmission line network in the country, TCN’s Managing Director, Mr Usman Mohammed has said. Mohammed disclosed this…

Bboxx Ltd has signed a memorandum of understanding (MoU) with the Government of the Democratic Republic of Congo (DRC) to provide affordable, reliable and clean electricity to 10 million citizens – the equivalent to 10% of the population –…

Energy and Infrastructure SME Fund, managed by Lords LB Asset Management is set to finalize one of the biggest single Polish solar power projects to date by mid-2020s. The project is set up to include 66 solar power parks with an…

… Supports Ghana’s goal of sustainable industrialization Siemens (Siemens.com) has signed a Memorandum of Understanding (MoU) with the Republic of Ghana to address the country’s energy and infrastructure challenges, while…

President, Electricity Consumers Association of Nigeria (ECA), Mr Chijioke James, has decried the delay by the Bureau of Public Enterprises to review the performance of the distribution companies in the country. He described the situation…

The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be…

Egypt is said to be considering the construction of small hydropower plants at several sites in the Nile Delta. The idea will be implemented the Egyptian Ministry of Electricity, Afrik 21 said yesterday in a report. Coordinated by the…

President Muhammadu Buhari on Monday approved the constitution of Inter-ministerial Steering Committee and Project Delivery Committee for the N2tn power project for the Mambilla Hydroelectric Power Project in Taraba State. It was stated…

The Abu Dhabi Fund for Development (ADFD) has confirmed the allocation of approximately USD 105 million for eight renewable energy projects in developing countries in the seventh cycle of the IRENA/ADFD Project Facility.The IRENA in a…

Renewable energy could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a report published by the Agency during its 10th Assembly. According to…

The 11 power distribution companies on Monday said that new electricity tariffs would be effective from April 1 and not January 1 as earlier speculated. The DisCos under aegis – Association of Nigerian Electricity Distributors (ANED)…

…electricity consumer groups kick The Nigerian Electricity Regulatory Commission (NERC) says no tariff increase has been approved by the commission yet. The General Manager, Public Affairs (NERC), Mr Usman Arabi made the…

The Lagos State Governor, Mr. Babajide Sanwo-Olu has disclosed the plan by his Government to expand the capacity of the State-owned Independent Power Plant (IPP). Sanwo-Olu said his administration will be harnessing private investment…