Tag
POWER GENERATION COMPANIES
Power Generation Companies (Gencos) may no longer input any investment in the power sector should the current market conditions where it declared generation capacities remain ignored and unpaid.
Despite huge investments to the tune of $1.6bn invested, Nigeria's national power grid still suffers incessant system collapse. This situation is exposing millions of Nigerians to economic difficulties.
NERC has highlighted some of the key regulatory initiatives which it hopes will position the electricity market for growth.