Reasons Total, Shell Petroleum shutdown four GenCos
The Executive Secretary of Association of Power Generation Companies (APGC), Joy Ogaji has disclosed four gas generating companies have shutdown production, ...
Tag: GENCOS
News and analysis about GENCOS
Power generation drops, as GENCOs now operate below capacity
The total power generation in Nigeria has been moving between 3,000 megawatts and 3,500 megawatts in the last few months.
Nigeria’s cheapest gencos are up for sale
The Niger Delta Power Holding Company (NDPHC) has complained that it charges the lowest rate for electricity generation, a problem ...
11 DISCOs owe NBET N120 billion
All electricity distribution companies in the country are currently indebted to the National Bulk Electricity Trading Board ( NBET) the ...
![[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies](https://nairametrics.com/wp-content/uploads/2017/05/nigerian-economy-today-1.jpg?resize=350,250)
All the major economic news from Nigeria in 5 minutes – 19/6/2017
Summary of the top business, economic and political news in Nigeria today. Barring further economic upheavals or exogenous shocks, ...
N701b Intervention: The 10 GenCos that have received N12 billion from NBET
The Nigerian Bulk Electricity Trader (NBET) has confirmed payment of about N12 billion to 10 power generation companies in Nigeria. ...
GE to open $100 million plant that can service and repair power turbines
Contrary to earlier reports, General Electric (GE) plans to launch a repair and service plant for power turbines. News outlets, ...
Are Gencos generating more debt than power?
The Nigerian electricity industry has been under a lot of pressure. Gas supply is low and power generation has been ...
Nigeria’s Failing Power Sector Can Be Saved By These Steps (Part 1)
A heat wave has swept through Lagos recently, which is usual for this time of the year. What is unusual ...
CBN Will Release N213 Billion Intervention Fund To DISCOs And GENCOs
The Central Bank of Nigeria (CBN), has resolved to intervene in the power sector owing to complaints from power distribution companies. ...
