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Association of Power Generation Companies

Power

Power: GENCOs disagree with NBET over N2.7 billion gas payments invoices

Nationwide blackout is looming as the electricity Generation Companies, GENCOs, have threatened to declare force majure over moves by the Nigerian Bulk Electricity Trading, NBET, to unilaterally take over the responsibility for payment of gas and transportation from them.
The Nigerian Guild of Editors, NGE, yesterday, expressed optimism in the ability of the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari to steer the corporation to enviable heights.

NNPC chief, DPR director, others to speak at NAEC conference

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, is to lead other team of discussants to x-ray topical issues in oil and gas industry at the 2019 edition of the National Association of Energy Correspondents (NAEC) annual conference.
Power returned to much of Argentina and two neighboring countries following a massive blackout that left tens of millions in the dark on Sunday.

Report: Why stable power supply’ll remain a mirage

An end to the erratic power supply in Nigeria is far from sight. Reason: Nigeria’s power sector losses have risen to N332.4 billion due to insufficient gas supply, distribution and transmission infrastructure between January and July, 2019.
Power

DisCos seek measures to drive power sector investment

Electricity Distribution Companies (DisCos) in Nigeria have called for the creation of an enabling environment to ensure cost recovery and further drive investments in the nation’s power sector.

Nigeria loses $29.3 billion yearly to erratic power supply

The Electricity Generation Companies (GenCos) at the weekend said the country loses $29.3billion yearly to low supply resulting from load shedding and inadequate facilities.
Joy Ogaji

Federal government, GenCos disagree over 2016 N500 billion debt, failure to pay fresh bills...

The Association of Power Generation Companies says power Generation Companies have not received payment for electricity generated since June 2018 from the Nigerian Bulk Electricity Trading Plc.
Joy Ogaji

Official: GenCos yet to receive payment for electricity since June

The Association of Power Generation Companies (APGC) says power Generation Companies (GenCos) have not received payment for electricity generated since June 2018 from the Nigerian Bulk Electricity Trading PLC (NBET).

GenCos give six conditions to avoid operational shutdown

Power generation companies (Gencos) in Nigeria have listed six conditions that must be met by the federal government or they shut down their operations.

Power Gencos give federal government conditions to avoid shutdown of operations

Power generation companies (Gencos) in Nigeria’s electricity industry have listed six conditions they said the federal government would have to fulfil quickly to avoid the likelihood of them shutting down their operations which they nevertheless said was imminent.

GenCos threaten to shut down power plants

Joy Ogaji, executive secretary of the Association of Power Generation Companies (APGC), says the power firms might shut down plants over the inability of the Transmission Company of Nigeria (TCN) to transmit available volume of electricity generated into the national grid.

GENCOs tackle TCN on allegation of falsified generation capacity

Electricity generating companies (GENCOs) on Sunday faulted the allegation that they claim to generate more electricity than they do so as to collect more money.

DISCOs blame fed govt for rejection of allocated electricity

The electricity distribution companies have blamed the Federal Government for their rejection of loads allocated to them, a situation that is worsening the poor power supply in the country.

Power generation drops by 1,835.6MW in 3 days

The total quantum of electricity on the nation’s power grid crashed by 1,835.6 megawatts within a period of three days.

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Ahmed Idris, the Accountant-General of the Federation (AGF)

Federal government, states, local councils share N693.529 billion for September

The Federal Government, 36 states and the Federal Capital Territory and 774 local government areas shared N693.529 billion as of September allocation disbursed by the Federation Account Allocation Committee (FAAC).

Bayern Munich forward wants Manchester United move

Bayern Munich forward Thomas Muller wants Manchester United as the German offers himself to the Red Devils.

Governor Akeredolu not hospitalised – commissioner

The absence of the Ondo State Governor, Mr Rotimi Akeredolu, from office in the recent time has been generating reactions from various quarters as some were saying the governor had been in the hospital, treating food poisoning.
Nigeria Police

Police exhume another corpse in Benue rice farm

The Police Command in Benue have exhumed an unknown decomposed body in a rice farm in Ukum Local Government Area of the state.

Sunday Mba: I want to play active football again

Nigeria international midfielder Sunday Mba is keen to find a route back into football following an inactive two years.